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Latest: Fintech News

Saudi Arabia Emerging as Hot New Market For Chinese Investors
Saudi Arabia Emerging as Hot New Market For Chinese Investors

Many investors from Greater China are heading to the Gulf this week eyeing fundraising and investment opportunities amid the global economic slowdown and geopolitical tensions with the US

Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope
Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope

Tokyo and China shares lead Asian markets higher on Friday amid hopes the US Federal Reserve will pause rates after its long hiking spree

Acer Sold Goods Worth $70m to Russia Despite Vow to Halt Trade
Acer Sold Goods Worth $70m to Russia Despite Vow to Halt Trade

Acer's actions are a contrast to key Western rivals such as Dell and HP who halted their Russia shipments last year over Moscow’s invasion of Ukraine

China Hits Out at US ‘Slander’ Over Report of Cuba Spy Base
Deflation Risks Rise as China’s Factory Prices Slump in May
Competition in Chip Industry an ‘All-Out War’, South Korea Says
Crypto Exchanges in Firing Line After SEC Hits Binance, Coinbase
Indonesia’s China-Backed Rail Link Hit by New Hiccups
CCP Could See Hong Kong Protesters’ TikTok Data – Guardian
Citigroup Vows to Expand China Business Amid De-Risking Trend

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