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Latest: Fintech News

Japan to Power Up World Chip Sector Dominance Bid
Japan to Power Up World Chip Sector Dominance Bid

Incoming industry minister Ken Saito promised to continue Tokyo’s efforts to regain Japan's faded chip glory

Hackers Leak 1.3 Million Sony Insomniac Games Files – Axios
Hackers Leak 1.3 Million Sony Insomniac Games Files – Axios

Insomniac had refused to pay a $2 million ransom and the files included details about the next Wolverine game release

Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units
Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units

Wu now leads the overall group as well as its two most important business divisions – cloud and domestic e-commerce

Another 13 Chinese Companies Added to US ‘Unverified List’
Toshiba Delists as New Owners Told to Eye ‘Deep Tech’ Future
Will China Take on More Debt Chasing 5% Growth in 2024?
Tencent Leans on Old Foe ByteDance in Gaming Dominance Bid
Jailed Imran Khan Seeks Votes With AI Speech, Internet Rally
Chinese Chip Designers Hiring Malaysian Firms to Assemble GPUs
China Tightens Rules for Non-Bank Payment Firms Like Alipay

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