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Latest: Fintech News

China’s Tencent Records Less Than Expected Revenue Rise
China’s Tencent Records Less Than Expected Revenue Rise

Analysts say the country's sputtering economic recovery has weighed on the social media and gaming giant's recovery

China Scientists Claim Long-Life Battery Breakthrough – STD
China Scientists Claim Long-Life Battery Breakthrough – STD

The researchers say they’ve developed a high-performance ultra-long-life aqueous zinc-ion battery

China Seen Blocking US Chip Giant’s $5.4bn Merger With Tower
China Seen Blocking US Chip Giant’s $5.4bn Merger With Tower

Intel's proposed merger appears to be a victim of the US-China 'chip war', as it is one of several deals that Chinese regulators have failed to endorse

China’s Geely Launches High-Tech JI YUE Brand in Baidu Tie-Up
SoftBank Seen in Talks for Vision Fund’s 25% Stake in Arm
Japanese Yen Slips to 2023 Low, US Dollar at One-Month High
China Firms Double R&D Spending in Tech Catch-Up Bid – Nikkei
US Investors Fear China Backlash Over Biden’s Tech Curbs
Alibaba Lures Bargain Hunters Amid Gloom, Sees Revenue Lift
TSMC US Plant Hit With Taiwanese Workers Ban Call – 9to5Mac

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