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Latest: Fintech News

Four US Groups Seeking to Buy TikTok, Trump Says
Four US Groups Seeking to Buy TikTok, Trump Says

Potential buyers reportedly include Amazon, Oracle and Microsoft, the YouTube star MrBeast and Frank McCourt

Toyota Unveils Bozhi 3X in China, a Cheap Advanced Smart EV
Toyota Unveils Bozhi 3X in China, a Cheap Advanced Smart EV

Top Japanese carmaker wants to regain market share in the world's largest auto market. With features similar to local rivals and priced at $15,000, it could do that

Trump Plan to Revive US Shipbuilding, Cut Chinese Grip on Sector
Trump Plan to Revive US Shipbuilding, Cut Chinese Grip on Sector

US President is drafting an executive order that will set up a Maritime Security Trust Fund as a funding source and create shipbuilding incentives through tax credits, grants and loans

Vietnam, Thailand Among Asian Exporters at Risk of US Tariffs
TSMC’s $100bn US Deal: Taiwan Says It Won’t Share Top Chip Tech
Thousands in Limbo as Thailand Fights Scam Hubs on Two Fronts
Trump Launches Tariff Wars, China Hits Back With 10-15% Duties
Honda ‘to Make Civic Hybrid in US Instead of Mexico Due to Tariffs’
Stocks Sink to Lowest in Weeks Amid Fears of Global Trade War
China Vows to Hit Back at Trump’s Threat of 20% Tariffs Next Week

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