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Latest: Fintech News

Starlink to Shake Up Southeast Asian Satellite Market – Nikkei
Starlink to Shake Up Southeast Asian Satellite Market – Nikkei

Elon Musk's SpaceX is the latest company to enter the region, with plans to launch satellite internet service in Indonesia, Malaysia, Vietnam and Myanmar by next year, the report said

Korean Police Launch Probe Into Stablecoin Crash – FT
Korean Police Launch Probe Into Stablecoin Crash – FT

The Seoul Metropolitan Police Agency said it had launched an investigation into allegations about an employee of crypto billionaire Do Kwon's Terraform Labs

Stablecoin Assets Decline for First Time, Says Fitch Ratings
Stablecoin Assets Decline for First Time, Says Fitch Ratings

The eight largest stablecoins had an aggregated market capitalisation of $154 billion at May 30 and accounted for around 96% of the total market

Didi Seen in Talks For Stake in China EV Maker Sinomach
China Must Seize TSMC if US Imposes Sanctions: Top Economist
China Fast Closing Gap With US in Advanced Tech – SCMP
Airbnb Accused of Cheating Australians With Misleading Prices
TSMC Lukewarm on Europe, Stands By 30% Growth Forecast
Crypto Markets Plan Empowers US Commodity Regulator
Videogame Giants Snubbed in China’s Latest Licence Grants

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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