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Latest: Fintech News

China’s AI ‘Supermind’ to Track World’s Top Scientists – Newsweek
China’s AI ‘Supermind’ to Track World’s Top Scientists – Newsweek

The state-funded platform called 'Supermind', at a information centre in Shenzhen, aims to be a database on key facets of science and technology, plus experts in the most significant fields

Renewable Energy Costs Undercut Coal-Sourced Power – elektrek
Renewable Energy Costs Undercut Coal-Sourced Power – elektrek

Utility-scale solar power is now the cheapest power source in 11 out of 15 Asia-Pacific countries, a new report said

China’s Congress Seen Targeting Economic Stability, 5% Growth
China’s Congress Seen Targeting Economic Stability, 5% Growth

Policy advisers expect the National People's Congress next week will focus on near-term support for the country's sputtering economy, rather than bold policy reforms

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
SpaceX’s Talks With Vietnam Over Starlink Internet Hit a Snag
China Premier Li Urges US to U-Turn on Decoupling Push
Apple Seen Pulling Plug on 10-Year Electric Car Project
China Chipmaker Fujian Jinhua Cleared in US Trade Secrets Case

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