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Latest: Fintech News

Thailand Helps 900 Scam Victims Return From Myanmar to China
Thailand Helps 900 Scam Victims Return From Myanmar to China

Thai police helped transfer 900 Chinese nationals who were stuck in a notorious criminal enclave in eastern Myanmar get flights back to their homeland over the past few days

Google Facing Heat in India Over Removal of Play Store Apps
Google Facing Heat in India Over Removal of Play Store Apps

Information Technology minister said the move on Friday, which follows a long dispute over the group's service fee charges, 'cannot be permitted'

IM Motors Raises $1.1bn in Major China EV Brand Deal
IM Motors Raises $1.1bn in Major China EV Brand Deal

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies

Politics, Protectionism Seen Spurring Biden’s China EVs Probe
China’s AI ‘Supermind’ to Track World’s Top Scientists – Newsweek
Renewable Energy Costs Undercut Coal-Sourced Power – elektrek
China’s Congress Seen Targeting Economic Stability, 5% Growth
India Gives Go-Ahead to $15.2 Billion Triple Chip Plants Plan
Biden Orders Probe Into Data Security Risks From Chinese EVs
US to Block Personal Data Sales to China, Russia – engadget

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