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Latest: Fintech News

North Korea Declares Itself a Nuclear State, Vows More Missiles
North Korea Declares Itself a Nuclear State, Vows More Missiles

Leader Kim Jong Un makes nuclear weapons part of his country's constitution, says he will speed up production of nukes to deter what he said were 'US provocations'

US, Japan Warn of New China Hacker After ‘60,000 Emails Stolen’
US, Japan Warn of New China Hacker After ‘60,000 Emails Stolen’

The warning came on the heels of a Washington briefing which said Chinese state-linked hackers had stolen 60,000 emails from 10 State Department accounts

US Backs Underwater Cable to Guam, Central Pacific Islands
US Backs Underwater Cable to Guam, Central Pacific Islands

The cable could connect American Samoa with Guam, plus Papua New Guinea, Samoa, Tuvalu, Fiji, Nauru, Marshall Islands, Kiribati, Cook Islands, Wallis and Futuna and Micronesia

TikTok ‘Concerned’ at Indonesia Social Media E-Commerce Ban
US to ‘Indefinitely Extend’ China Chip Waivers For South Korea
Apple Missing From China’s List Of App Stores Meeting New Rule
Singapore to Probe Banks’ Role in $1.8bn Laundering Scandal
Alibaba Break-Up Gets Underway With Cainiao Listing Move
South Korea, Japan and China May Hold Summit Near Year-End
Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones

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