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Latest: Fintech News

China Sanctions US Defence Firms For Arms Sold to Taiwan
China Sanctions US Defence Firms For Arms Sold to Taiwan

The sanctions against Lockheed Martin and Northrop Grumman would be imposed via China's Anti-Foreign Sanctions Law, a foreign ministry official said on Friday

‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’
‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’

The Taiwanese chip giant is considering setting up a second fab in Japan, and adding capacity to an $8.6 billion plant already under construction in the country

Huawei to Hold Product Event; All Eyes on Tech, Chip Details
Huawei to Hold Product Event; All Eyes on Tech, Chip Details

Huawei’s planned event comes on the heels of Apple’s iPhone 15 launch event held on Tuesday, which received mixed reactions in China

Myanmar Junta Hits Migrant Workers With Remittance Fee – I’waddy
Putin Gives North Korea’s Kim a Tour of Rocket Launch Site
China Denies iPhone Ban Claim But Warns of ‘Security Incidents’
For China Users, an Apple vs Huawei Battle is Picking up Pace
Europe Assessing Tariffs on Chinese EVs Amid Subsidy Concerns
New Alibaba CEO Wants Focus on AI, ‘Young Employees’ At Helm
Why Retail Investors Should be Wary When Investing in Arm IPO

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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