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Latest: Fintech News

Myanmar Junta Hits Migrant Workers With Remittance Fee – I’waddy
Myanmar Junta Hits Migrant Workers With Remittance Fee – I’waddy

Myanmar's regime has told migrant workers they must remit 25% of their salaries via official channels every quarter at a bad exchange rate, or lose their ability to go abroad for three years

Putin Gives North Korea’s Kim a Tour of Rocket Launch Site
Putin Gives North Korea’s Kim a Tour of Rocket Launch Site

Putin showed Kim around Vostochny Cosmodrome, his most advanced space rocket launch site, as North Korea twice failed to launch reconnaissance satellites in recent months

China Denies iPhone Ban Claim But Warns of ‘Security Incidents’
China Denies iPhone Ban Claim But Warns of ‘Security Incidents’

The reported ban coincides with rising tensions between Beijing and Washington, and signals growing challenges for Apple

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
US ‘Weather Weapon’, AI in New Phase of Disinformation – NYT
Country Garden Stock Jumps as Creditors Back Bond Extensions
Alibaba Stock Slips On Daniel Zhang’s Sudden Cloud Unit Exit

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