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Latest: Fintech News

China Facing Reality Check After Long Boom Built on Debt
China Facing Reality Check After Long Boom Built on Debt

Many analysts see a drift toward Japan-style stagnation, but there is also the risk of a crisis sparked by a spillover of debt from the property sector or local government

Tesla Unveils its Revamped Model 3 Sedan at Beijing Trade Fair
Tesla Unveils its Revamped Model 3 Sedan at Beijing Trade Fair

The launch of the new Model 3 version marks the first time the automaker has rolled out a vehicle in China ahead of the United States; it will go on show in Munich in coming days

‘Local Protectionism’ Slowing China’s Clean Energy Transition
‘Local Protectionism’ Slowing China’s Clean Energy Transition

Researchers say the country would be better served by a single national power structure, as provincial officials often prefer alternative local power sources that are more dirty but 'pay direct'

Arm Seen Signing Tech Giants for $50-55 Billion IPO
Vietnam Chip Engineer Shortage May Spoil US Plan to Rival China
ASML to Ship Top Tech to China Even as Dutch Chip Ban Starts
China’s Big Banks Cut Rates, Prepare to Lower Mortgages
Baidu, SenseTime Launch ‘ChatGPT’ Bots After Beijing Approval
Rumours of 5G Chip in New Huawei Phone Fuel China Chip Rally
Foxconn’s $10bn Wisconsin Plant Plan a Fading Memory – engadget

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