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Latest: Fintech News

Top Court Scraps Hong Kong Firm’s Panama Ports Concession
Top Court Scraps Hong Kong Firm’s Panama Ports Concession

Panama's Supreme Court has ended a concession to a subsidiary of CK Hutchison to operate two ports on the Canal. The verdict has upset officials in Beijing and Hong Kong

Chipmakers Say Not Enough Chips for PCs, Phones Amid AI Priority
Chipmakers Say Not Enough Chips for PCs, Phones Amid AI Priority

The race to build AI infrastructure has caused chipmakers to divert manufacturing capacity toward more lucrative HBM chips, while bitter past experiences kept them from expanding production lines

Members of Notorious Myanmar Scam Mafia Executed in China
Members of Notorious Myanmar Scam Mafia Executed in China

The Ming family and associates from Laukkaing were found guilty of killing at least 14 Chinese citizens and crimes that allegedly reaped $1.4 billion

ByteDance, Alibaba Get Beijing Nod to Buy Nvidia’s H200 Chips
British PM Starmer Arrives in China, Seeking a Pickup in Trade
Chip Giant SK Hynix’s Profit Soars, to Invest $10bn in US
American Users Ditch TikTok US Over Privacy, Censorship Fears
Seoul Vows to Act on US Investments, After New Tariff Threat
Carney Leads Trade Shift From US, to China, India, Australia
Thais to Curb Gold’s Impact on The Baht Amid ‘Grey Money’ Fears

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