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Latest: Fintech News

Trade Deal Signed, But China Still Slow to Release Rare Earths
Trade Deal Signed, But China Still Slow to Release Rare Earths

There are signs that carmakers, US firms waiting to receive rare earths, and even top US officials, are far from certain Beijing will speed up its mineral exports

Germany Tells Apple, Google: Cut DeepSeek From App Stores
Germany Tells Apple, Google: Cut DeepSeek From App Stores

Germany's data protection commissioner said on Friday she wants Apple and Google to ban use of DeepSeek because the group illegally transfers users' personal data to China

China’s Factory Profits Plunged in May Amid Trade Upheaval
China’s Factory Profits Plunged in May Amid Trade Upheaval

Data from the National Bureau of Statistics on Friday showed that profits at China's industrial firms fell by a significant amount in May from a year earlier

Australian Government Sues China-Linked Rare Earth Investors
Vietnam Eyes Framework Trade Deal With US by Tariff Deadline
Chinese EV-Makers Eyeing South Africa Amid Global Trade Rows
China Passes 1 Terawatt of Solar Power, Government Says
Survey Shows Business is Booming in India, Record Export Orders
Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’
DeepSeek Sharing User Data With China Military, Intelligence: US

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