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Latest: Fintech News

China’s New Nuclear Submarines Seen as Tougher to Detect
China’s New Nuclear Submarines Seen as Tougher to Detect

Latest research suggests the new Type 096 ballistic missile subs could pose a challenge to growing US and allied efforts to track them; PLAN may have copied Russian stealth designs

US Adds 42 Chinese Companies to Curbs List Over Russia Deals
US Adds 42 Chinese Companies to Curbs List Over Russia Deals

The Commerce Department says the listed entities supplied US-origin integrated circuits to Moscow’s military

China Exploiting Open Source RISC-V Chip Tech, Warn Senators
China Exploiting Open Source RISC-V Chip Tech, Warn Senators

The lawmakers say Beijing is taking advantage of RISC-V’s culture of collaboration to advance its own semiconductor industry

Schumer Demands ‘Level Playing Field’ For US Firms on China Trip
Police Arrest 6 More in Hong Kong JPEX Crypto Scandal – SCMP
US Set to Close Loopholes in Curbs on Chip Tools For China
Taiwan Looking at Tighter Rules on Key Tech Such as Chips
Indonesian State Firms Sending Weapons to Myanmar, Activists Say
Alibaba’s Main Logistics Hub in Europe ‘Suspected Of Spying’
India’s Reliance Reveals Swappable Batteries for EVs, Appliances

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