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Latest: Fintech News

OpenAI, SoftBank, Apple Designer Ive in ‘AI iPhone’ Talks – FT
OpenAI, SoftBank, Apple Designer Ive in ‘AI iPhone’ Talks – FT

The ChatGPT maker, Japanese tech backer and iPhone designer are reportedly discussing an artificial intelligence consumer device

China Vows Anti-Corruption Crackdown on Financial Sector
China Vows Anti-Corruption Crackdown on Financial Sector

The pledge comes amid Chinese president Xi Jinping's increased focus on national security risks within the party, government, and large industries

Taiwan Unveils First Home-Made Submarine in Key Defence Move
Taiwan Unveils First Home-Made Submarine in Key Defence Move

President Tsai Ing-wen unveils first locally made submarine in Kaohsiung, which aims to boost the island's defence and deterrence against the Chinese navy

North Korea Declares Itself a Nuclear State, Vows More Missiles
US, Japan Warn of New China Hacker After ‘60,000 Emails Stolen’
US Backs Underwater Cable to Guam, Central Pacific Islands
TikTok ‘Concerned’ at Indonesia Social Media E-Commerce Ban
US to ‘Indefinitely Extend’ China Chip Waivers For South Korea
Apple Missing From China’s List Of App Stores Meeting New Rule
Singapore to Probe Banks’ Role in $1.8bn Laundering Scandal

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