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Latest: Fintech News

Shorts Build up in Cheap China Stocks Amid Stimulus Worries
Shorts Build up in Cheap China Stocks Amid Stimulus Worries

After a smaller-than-expected interest rate cut raised doubts on whether Chinese policymakers would act forcefully enough to support the economy, investors are positioning for a longer game

80% Tech Transfer Value in US-India Jet Engine Deal – Mint
80% Tech Transfer Value in US-India Jet Engine Deal – Mint

The multi-billion-dollar jet engine production deal signed by GE and Hindustan Aeronautics involves the transfer of 80% of jet engine tech by value, which has not been shared with any other country

Chip Toolmaker Applied Materials to Build $400m Centre in India
Chip Toolmaker Applied Materials to Build $400m Centre in India

US chip toolmaker Applied Materials will invest $400 million over four years in a new engineering centre in India

US and India Sign Deals on Chips, Tech, Space and Defence
Biden Plays Down Impact of Calling China’s Xi a ‘Dictator’
Micron to Pump $825m Into First India Chipmaking Plant
Musk at Odds With Ambani in Plan to Bring Starlink to India
LFP Becoming the Battery of Choice for Electric Vehicles
Musk Meets Modi, Keen to Bring Tesla, Starlink to India Soon
China Extends $72bn Tax Break for Sale of EVs, Green Cars

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