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Latest: Fintech News

US Navy Sent to Alaska Over 11 Russia, China Warships – KTUU
US Navy Sent to Alaska Over 11 Russia, China Warships – KTUU

US Navy destroyers were dispatched to Alaskan waters on Saturday after the "unprecedented" arrival of 11 Russian and Chinese warships "doing freedom of navigation" operations

Foxconn Forecasts Q3 Recovery After July Sales Drop-Off
Foxconn Forecasts Q3 Recovery After July Sales Drop-Off

The world's biggest contract electronics maker saw sales fall 1.23% year on year last month as PC, cloud and networking products' demand declined

India Import Curbs on Tech Aimed at China, Officials Admit
India Import Curbs on Tech Aimed at China, Officials Admit

New Delhi’s licensing demands on the import of laptops, tablets and personal computers will particularly hit Chinese firms

US Seen Clamping Down on Investment in China Funds
China Expecting Key Native Lithography Machine This Year: SCMP
China, Saudi Seen in Talks for ETF Cross-Listings to Boost Ties
S Korea Experts to Probe Room-Temperature Superconductor Claim
China Proposes Eight-Minute Limit on Smartphone Use by Kids
India Requires Licences for Imports of Laptops and PCs
Mongolia and US to Sign ‘Open Skies’ Civil Aviation Deal

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