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Latest: Fintech News

Japan, South Korea Desperate to Reduce 25% Tariff by August
Japan, South Korea Desperate to Reduce 25% Tariff by August

Tokyo and Seoul said on Tuesday they will try to negotiate with the US to soften the impact of higher tariffs, but many other Asian nations face greater challenges

China Says BRICS ‘Not Seeking a Clash,’ After Trump Tariff Threat
China Says BRICS ‘Not Seeking a Clash,’ After Trump Tariff Threat

China said BRICs is not seeking 'confrontation' after the bloc issued a statement that Trump damned as 'anti-American.' He threatened to hit all members with a 10% tariff

Samsung Profit Seen Falling Amid Difficulties at New US Chip Plant
Samsung Profit Seen Falling Amid Difficulties at New US Chip Plant

Korean tech giant, which faces technical, geopolitical and governmental challenges, is expected to announce a significant fall in second profit on Tuesday

Beijing Moves to Prop up Solar Panelmakers Hit Hard by Price War
How China’s New Auto Giants Raced Ahead of The World
Indonesia to Sign $34 Billion Pact With US Ahead of Tariff Deadline
US Lifts Bans on Chip Software, Ethane, As China Truce Holds
China Fears Negative Impacts of US Trade Pact With Vietnam
Japan’s PM Defends National Interest as Trump Ramps up Threats
China’s Criticism of Price Wars Sheds Light on Xi’s ‘Waning’ Power

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