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Latest: Fintech News

Oracle to Spend $8 Billion in Japan on Cloud Services, AI
Oracle to Spend $8 Billion in Japan on Cloud Services, AI

US tech giant plans to spend $8 billion over the next decade to grow Oracle Cloud Infrastructure, its cloud computing service, across Japan

US Set to Restore China Solar Tech Tariffs After Korea Firm Plea
US Set to Restore China Solar Tech Tariffs After Korea Firm Plea

The solar division of Korean conglomerate Hanwha Corp, Qcells, is looking to protect a planned $2.5 billion expansion of its US solar operation

Biden to Propose Tripling Tariffs on Metal Products From China
Biden to Propose Tripling Tariffs on Metal Products From China

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China boosts steel and car exports

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades
Apple Eyes Indonesia Fab as it Reduces China Reliance – AP
China’s Theft of Trade Secrets Our No1 Concern: US Patent Chief
US Reviewing Trade Sanctions to Tackle China Supply Chain Threats
Baidu Says AI Chatbot ‘Ernie’ Has Had 200m Users
Nissan Eyes Solid-State EV Battery Breakthrough by 2029 – AP
China Providing 90% of Chips Used in Russia, Despite Sanctions

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