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Latest: Fintech News

Staff at UK Chip Firm Prefer Dutch/Chinese Owners – Times
Staff at UK Chip Firm Prefer Dutch/Chinese Owners – Times

The British government is due to make a final decision on the 63-million-pound takeover by Nexperia, a Dutch firm owned by China's Wingnut Technology, by October 3

Interpol Seeks Arrest of Crypto Developer Do Kwon – TechCrunch
Interpol Seeks Arrest of Crypto Developer Do Kwon – TechCrunch

Kwon faces allegations of defrauding customers, having lost $40 billion of investors' money after his firm Terraform collapsed earlier this year, TechCrunch said.

Phone Giants Resist India’s Call for Local Navigation System
Phone Giants Resist India’s Call for Local Navigation System

Companies such as Samsung, Xiaomi and Apple fear elevated costs and disruptions as the move requires hardware changes. They want the compliance date set back to 2025

Grab Tightens its Focus, Reining in Financial Service Goals
Asian Share Slide Continues Over Gloomy Inflation Outlook
Five China ETFs Rushed Out to Bolster Battered Tech Stocks
China Made 84% of World’s Blockchain Applications – SCMP
Apple to Rev Up Production in India, Vietnam – TechCrunch
SoftBank Eyeing Arm-Samsung ‘Strategic Alliance’, Son Says
India Chips in With Semiconductor Plant Set-Up Costs Aid

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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