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Latest: Fintech News

China Evergrande Facing Potential Wind-up Hearing on Monday
China Evergrande Facing Potential Wind-up Hearing on Monday

A Hong Kong Court is due to hear applications on Monday to wind up the world's most indebted developer in what may be one of the biggest and most complex liquidation cases ever.

Scientists Teach AI How To Be Bad But Can’t Undo It – Futurism
Scientists Teach AI How To Be Bad But Can’t Undo It – Futurism

Researchers fear efforts to rein in a deceptive model could reinforce its bad behaviour, as it learns how to hide its transgressions

ASML Sees Hit From US Chip Curbs But Could Enjoy 2025 Boom
ASML Sees Hit From US Chip Curbs But Could Enjoy 2025 Boom

Dutch tech giant says US and Dutch curbs will cause a 10-15% dip in its sales, but it expects Chinese demand to remain "very very solid", while some analysts predict a chip boom in 2025

Chinese Investors Keen on Banned Crypto, as Stocks Lost Value
North Korea Using AI to Boost Surveillance, Study Claims
Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner
Data Centres, AI, Crypto Spurring Power Demand in Asia – IEA
Zee Shares Plunge 30% After Sony Ends $10bn Indian Merger
China Splurges on Chip Tech Kit to Beat US Sanctions – Yahoo
Tencent Leads China Shares up as Gaming Body Drops New Rules

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