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Latest: Fintech News

Apple Rebuffs Epic Bid To Restore Fortnite Developer Account in South Korea
Apple Rebuffs Epic Bid To Restore Fortnite Developer Account in South Korea

Apple says Epic Games, which has lodged legal cases in a bid to add its own payment option to the App Store platform in South Korea, 'must agree to play by the same rules as everyone else'

PayPal’s $2.7bn Paidy Purchase Puts It In Pole Position In Japan
PayPal’s $2.7bn Paidy Purchase Puts It In Pole Position In Japan

The US firm’s acquisition heats up the buy now, pay later race in a country where more than two-thirds of all transactions are still paid for in cash

Texas City To Offer Samsung Big Tax Breaks To Build $17bn Chip Plant
Texas City To Offer Samsung Big Tax Breaks To Build $17bn Chip Plant

Taylor city is trying to attract Samsung to locate a huge new computer chip plant there, rather than Austin, or in two other states

JD.com Says Founder Liu To Step Away From Day-To-Day Operations
Ericsson Vow to Win Back China Market Share as 5G Row Rumbles On
Tokyo May Back Western Digital-Kioxia Deal If Key Tech Stays in Japan
China’s SMIC To Pump $8.87 Billion Into New Shanghai Chip Plant
China Paper Says US Blocking Tech Takeovers a ‘Red Flag’ for World
ByteDance To Downsize Fintech Business, Sell Stock Broking Units
Chinese State Firms Seen Taking Big Stake in Ant’s Credit-Scoring JV

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