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Latest: Fintech News

Raimondo, China’s Leaders Discuss Range of Hot Trade Concerns
Raimondo, China’s Leaders Discuss Range of Hot Trade Concerns

Commerce Secretary has raised many important bilateral issues on her Chinese visit – from firms caught in the "chip war" to climate change and artificial intelligence

Toyota Stops Work at Japanese Plants Due to System Failure
Toyota Stops Work at Japanese Plants Due to System Failure

The cause of the malfunction was not clear, but it comes amid an alert over harassing phone calls, likely from China, related to Japan's release of treated radioactive water from Fukushima nuclear plant

Raimondo Spurs Some Progress With China But Chips Off The Menu
Raimondo Spurs Some Progress With China But Chips Off The Menu

US Commerce Minister meets counterpart Wang Wentao in Beijing, notes that 99% of their $700bn in bilateral trade does not involve national security; vows to be 'direct, open, practical'

Raimondo Begins China Visit But ‘Won’t Negotiate’ Chip Curbs
Hang Seng and Nikkei Fall as Asian Stocks, Currencies Slide
Raimondo Heading to China for Talks as Bilateral Trade Plunges
Arizona Workers Say Building TSMC Factory ‘Worst Job Ever’ – BI
Contentious China-US Science Deal May Get 6-Month Extension
Nikkei and Hang  Seng Lifted by Nvidia’s Bullish Outlook
China Offering Millions to Foreign-Trained Chip, Tech Talents

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