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Latest: Fintech News

Schumer Demands ‘Level Playing Field’ For US Firms on China Trip
Schumer Demands ‘Level Playing Field’ For US Firms on China Trip

US Senate leader Chuck Schumer’s bipartisan congressional delegation hopes to meet Chinese President Xi Jinping, ahead of visits to South Korea and Japan

Police Arrest 6 More in Hong Kong JPEX Crypto Scandal – SCMP
Police Arrest 6 More in Hong Kong JPEX Crypto Scandal – SCMP

It’s alleged that false advertising and unlawful means were used to lure victims to open accounts and make investments on JPEX

US Set to Close Loopholes in Curbs on Chip Tools For China
US Set to Close Loopholes in Curbs on Chip Tools For China

The updated chip export rules are expected to add restrictions and close loopholes in those unveiled late last year, which angered Beijing and strained relations with Washington

Taiwan Looking at Tighter Rules on Key Tech Such as Chips
Indonesian State Firms Sending Weapons to Myanmar, Activists Say
Alibaba’s Main Logistics Hub in Europe ‘Suspected Of Spying’
India’s Reliance Reveals Swappable Batteries for EVs, Appliances
Capvision Vows to Defend China’s Security After ‘Rectification’
Beijing ‘Very Dissatisfied’ at EU Probe Into China’s EV Subsidies
Apple Implements Chinese App Store Rules Amid Tighter Scrutiny

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