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Latest: Fintech News

Tencent to Deny Chinese Gamers Access to Foreign Titles
Tencent to Deny Chinese Gamers Access to Foreign Titles

Gamers in China are only allowed to play titles approved by the government and are not allowed to play with foreigners on foreign servers

TSMC Posts 45% Quarterly Profit Jump Amid Chip Demand
TSMC Posts 45% Quarterly Profit Jump Amid Chip Demand

The company, which also has Apple and Qualcomm as customers, previously said it expected strong growth to accelerate in coming years

China’s Zhihu Q&A Website Raises $106m in Hong Kong IPO
China’s Zhihu Q&A Website Raises $106m in Hong Kong IPO

The deal comes amid an increasing number of US-listed Chinese firms also listing in Hong Kong as a regulatory stand-off shows no signs of ending

Brookfield-Led Group Buys Australia’s Uniti for $2.7bn
WhatsApp Gets Nod to Expand Payments Service in India
China Regulator Orders Legend to Rectify Disclosure Issues
China Slams Taiwan’s Efforts to Protect Tech Industry
How China Videogame Firms Toed Line to End Licence Freeze
Japan Core Machinery Orders Sink to Near Two-Year Low
Australia’s EML Says it Ceased Talks Over Bain Buyout

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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