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Latest: Fintech News

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
Taiwan Looking at Tighter Rules on Key Tech Such as Chips

Taiwan is investigating four firms accused of conducting business with companies linked to US-sanctioned Huawei in China, saying it will soon unveil tighter rules on 'key technologies'

Indonesian State Firms Sending Weapons to Myanmar, Activists Say
Indonesian State Firms Sending Weapons to Myanmar, Activists Say

Groups have lodged a complaint with the Human Rights Commission, saying state weapons suppliers have sent arms to the Myanmar military since the coup, possibly without the President's knowledge

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
WTO Fights for Relevance Amid Disregard for Trade Rules
US Warns China: Chip Export Curbs Will be Updated Soon

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