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Latest: Fintech News

India to Permit Apple, Samsung, Lenovo to Import PCs, Tablets
India to Permit Apple, Samsung, Lenovo to Import PCs, Tablets

New Delhi’s ‘import management system’ came into effect on Wednesday with Acer, Xiaomi already given shipment approvals

Big Tech Exaggerating AI’s Threat to Humanity, Expert Says
Big Tech Exaggerating AI’s Threat to Humanity, Expert Says

Andrew Ng, one of the founders of Google Brain and a Stanford University professor, warns that Big Tech companies are keen to trigger heavy regulation to reduce competition in the AI sector

China Set to Tighten Hold on Crackdown-Hit Finance Sector
China Set to Tighten Hold on Crackdown-Hit Finance Sector

At a twice-a-decade financial policy meeting this week, Beijing vowed to uphold the centralised and unified leadership of the CCP on China's financial work

China Removes Top Bloggers’ Anonymity, Sparking Privacy Fears
Nvidia May See $5 Billion Hit From Early China Chip Curbs – WSJ
Canada Bans China’s WeChat on State Devices Over Privacy Risks
Vietnam in Talks on First Chip Plant, Despite Warning on Costs
Top Memory Chipmaker Gets $2 Billion From China’s ‘Big Fund’
Panasonic Battery Unit Cuts Profit Forecast, Warns on EV Sales
Biden to Order ‘Wide Action’ to Limit Risks of Rogue AI Use

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