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Latest: Fintech News

Chinese Rocket Failure Opened Door for SpaceX in Indonesia
Chinese Rocket Failure Opened Door for SpaceX in Indonesia

The failure of a Chinese rocket launch in April 2020 gave Elon Musk's SpaceX the opportunity to carry satellites for the Indonesian government

Fake Chinese Accounts Flourish on X, Analysis Shows – WaPo
Fake Chinese Accounts Flourish on X, Analysis Shows – WaPo

Researchers say Chinese propaganda "has increasingly sought to stoke existing US divisions in the same way Russia has"

China Chops Mortgage Benchmark Rate to Boost Property Market
China Chops Mortgage Benchmark Rate to Boost Property Market

Financial authorities in Beijing on Tuesday announced the country's biggest ever reduction in its benchmark mortgage rate

ByteDance’s TikTok Faces Mega Fine Threat From EU Probe
China’s EV Maker Xpeng Unveils Big Hiring, AI Investment Plan
New Deal Triples OpenAI Valuation to $80 Billion – NYT
SoftBank’s Arm Continues Dream Run as Nvidia Reveals Stake
Nikkei, Hang Seng and Asian Stocks Enjoy Upbeat Mood
Nvidia Chief Pans Sam Altman’s Trillion-Dollar AI Chip Plan
Google Set to Launch Satellite to Pinpoint Methane Emission Sites

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