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Latest: Fintech News

‘Winter is Here’ as Crypto Crash Threatens Downward Spiral
‘Winter is Here’ as Crypto Crash Threatens Downward Spiral

Falling values could turn into a vicious downward selling spiral as buyers willing to provide price support evaporate.

Samsung China Chip Output Hit By Korean Truckers Strike
Samsung China Chip Output Hit By Korean Truckers Strike

A Korean firm that produces isopropyl alcohol, a raw material for cleaning chip wafers, is facing problems shipping to a Chinese firm that supplies wafers to a Samsung factory in China

China AI Uses Deception to Kill Satellites in Space Battle – SCMP
China AI Uses Deception to Kill Satellites in Space Battle – SCMP

Countries with advanced technologies deploy satellites with surveillance network capabilities and early warning sensors to guard their assets

Clouds Loom Over China’s Future in ‘Miracle City’ Shenzhen
Japanese Gaming Giant Nexon Plots Global Expansion
Bitcoin Hits 18-Month Low as Celsius Halts Withdrawals
Chinese Mobile Gaming Firms Rake in $2.3bn in May – Xinhua
China’s Alibaba Group Gears up For a Comeback – Nikkei
Tencent Buys $264m Stake in India’s Flipkart – Economic Times
UAE, India Sign Deal to Cooperate on Advanced Tech

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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