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Latest: Fintech News

US Research Group Sues Japan’s Chip Materials Maker JSR
US Research Group Sues Japan’s Chip Materials Maker JSR

A research body linked to a New York university has accused a JSR subsidiary of commercialising its technology without permission. JSR makes photoresists, which are chemicals used in chipmaking

Missing Banker Bao Fan Resigns From China Renaissance – CNN
Missing Banker Bao Fan Resigns From China Renaissance – CNN

China Renaissance filed a report to the Hong Kong stock exchange on Friday that said Bao Fan would step down immediately as chairman and CEO for "health reasons"

Asian Rivals Posing a Challenge to Apple’s iPhone Sales in China
Asian Rivals Posing a Challenge to Apple’s iPhone Sales in China

Tech giant's revenue target cut by billions amid signs that Chinese consumers are buying more 'foldables' and smartphones from Huawei, powered by a locally-made chip

Paytm Stocks Dive After RBI Pulls Shutters Down on Its Bank
China Asks Local Governments Not to Use Tech Funds to Pay Debt
Trump Eyes 60% China Tariffs, Sparks New Trade War Fears – WP
Nvidia’s New AI Chip for China Priced Close to Huawei Alternative
US Accuses More Chinese Tech Firms of ‘Helping Beijing’s Military’
Huawei Computing Unit Issues Delay Chinese Auto Deliveries
Raimondo Says Chinese EVs Are a National Security Risk For US, EU

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