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Latest: Fintech News

Huawei Eyeing Autonomous Driving Dominance Next – ThinkChina
Huawei Eyeing Autonomous Driving Dominance Next – ThinkChina

China has the potential to become the world’s largest market for autonomous vehicles, with total sales predicted to hit $230 billion by 2030

Trade With Russia Hit $240 Billion in 2023, China Says
Trade With Russia Hit $240 Billion in 2023, China Says

Chinese shipments to Russia jumped 47% in 2023 from a year earlier, and soared 64% compared with 2021, before the Russia-Ukraine war, China's customs data showed

China’s Deflation And Weak Economy Point to Another Bumpy Year
China’s Deflation And Weak Economy Point to Another Bumpy Year

Consumer prices fell for a third month in December while factory-gate prices extended a more-than-year-long decline, data from the National Bureau of Statistics showed

India to Keep Strict Crypto Oversight Despite Global Changes
US, China Experts Held Secret AI Safeguarding Talks – FT
Chinese Startup Launches Most Powerful Rocket by Private Firm
US Approval For Bitcoin ETFs, a Game-Changer For Crypto
Intel to Take on Qualcomm, Nvidia in Auto AI Chip Fight
TSMC’s Flat Q4 Revenue Not a Cause For Concern: Analysts
Indian AI Ethics Firm CEO Held For ‘Murder’ of 4-Year-Old Son

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