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Latest: Fintech News

China Uses AI Software to Lift Surveillance Capabilities
China Uses AI Software to Lift Surveillance Capabilities

Public documents show that dozens of companies and entities have bought software such as "One person, one file" in recent years to upgrade their surveillance tools

Indonesia’s GoTo Keen to Buck Tech Slump With $1.1bn IPO
Indonesia’s GoTo Keen to Buck Tech Slump With $1.1bn IPO

GoTo is banking on a steady market debut after raising $1.1 billion in a relatively cautious IPO, while the local share market is booming

US Arrests Japan Crime Figure Over Missile Purchase Attempt
US Arrests Japan Crime Figure Over Missile Purchase Attempt

Federal prosecutors in Manhattan said yakuza boss Takeshi Ebisawa agreed to buy the missiles for rebel groups in Myanmar

Taiwan’s Spy Catchers Hunt Chinese Poachers of Chip Talent
India’s Tata Group Launches Super App For its Many Brands
Crypto Promoter Samson Mow to Advise El Salvador on Bitcoin
Microsoft Reports Russian Cyber Attacks on EU, US
China’s AI Development Catching Up to US – TechCrunch
Tokyo Sets Quantum Computing Deadline – Japan Times
Shenzhen Pushes Innovative Fintech Apps – Global Times

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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