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Latest: Fintech News

SoftBank’s Arm Nets $65bn Valuation in Blockbuster Nasdaq Debut
SoftBank’s Arm Nets $65bn Valuation in Blockbuster Nasdaq Debut

Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say

China Sanctions US Defence Firms For Arms Sold to Taiwan
China Sanctions US Defence Firms For Arms Sold to Taiwan

The sanctions against Lockheed Martin and Northrop Grumman would be imposed via China's Anti-Foreign Sanctions Law, a foreign ministry official said on Friday

‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’
‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’

The Taiwanese chip giant is considering setting up a second fab in Japan, and adding capacity to an $8.6 billion plant already under construction in the country

Huawei to Hold Product Event; All Eyes on Tech, Chip Details
Myanmar Junta Hits Migrant Workers With Remittance Fee – I’waddy
Putin Gives North Korea’s Kim a Tour of Rocket Launch Site
China Denies iPhone Ban Claim But Warns of ‘Security Incidents’
For China Users, an Apple vs Huawei Battle is Picking up Pace
Europe Assessing Tariffs on Chinese EVs Amid Subsidy Concerns
New Alibaba CEO Wants Focus on AI, ‘Young Employees’ At Helm

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