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Latest: Fintech News

China Starts Military Drills Around Taiwan Over Lai’s US Visit
China Starts Military Drills Around Taiwan Over Lai’s US Visit

The drills are a warning to 'separatists', Beijing says. But Taipei says they aim to scare people from voting for Lai in the poll in January

Biden Keen to Upgrade US Partnership With Vietnam – Politico
Biden Keen to Upgrade US Partnership With Vietnam – Politico

US President wants to visit to Hanoi in mid-September to sign a strategic partnership pact with Vietnam to bolster economic and security ties, sources say

About Half of American Adults Favour TikTok Ban, Poll Finds
About Half of American Adults Favour TikTok Ban, Poll Finds

The finding coincides with news that New York City has banned the Chinese social media app on government devices because of security concerns

China’s Slow Response to its Economic Woes Puzzling Investors
Investors Dump Private China Firms, Embrace ‘Common Prosperity’
Struggling Chinese Asset Manager Zhongzhi Looking at Debt Rejig
China’s CATL Unveils Game-Changing Fast-Charging LFP Battery
China’s Tencent Records Less Than Expected Revenue Rise
China Scientists Claim Long-Life Battery Breakthrough – STD
China Seen Blocking US Chip Giant’s $5.4bn Merger With Tower

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