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Latest: Fintech News

Beijing Moves to Prop up Solar Panelmakers Hit Hard by Price War
Beijing Moves to Prop up Solar Panelmakers Hit Hard by Price War

Officials pledged on Thursday to help the photovoltaic industry, as top solar manufacturers have suffered losses amid huge overcapacity and a long price war

How China’s New Auto Giants Raced Ahead of The World
How China’s New Auto Giants Raced Ahead of The World

LONG READ: After copying foreign cars, China’s carmakers scrutinized their engineering and devised faster paths to product launches. Now their production leads the world.

Indonesia to Sign $34 Billion Pact With US Ahead of Tariff Deadline
Indonesia to Sign $34 Billion Pact With US Ahead of Tariff Deadline

Jakarta will sign a pact worth $34 billion with business partners next week to boost purchases from the United States in a bid to avoid 32% tariffs on its exports

US Lifts Bans on Chip Software, Ethane, As China Truce Holds
China Fears Negative Impacts of US Trade Pact With Vietnam
Japan’s PM Defends National Interest as Trump Ramps up Threats
China’s Criticism of Price Wars Sheds Light on Xi’s ‘Waning’ Power
Judge Says China’s Huawei Must Face Trial on Iran Dealings
Users of Ex-China Rare Earth Magnets Paying Top Prices
Chinese Chip Firms Say US Curbs Will Help Them, Plan Big IPOs

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors