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Latest: Fintech News

Chinese Companies Aggressively Pursue IP Rights – FT
Chinese Companies Aggressively Pursue IP Rights – FT

Chinese courts have repeatedly issued “anti-suit injunctions” on behalf of groups like Huawei, Xiaomi, ZTE and Oppo to block non-China firms from enforcing IP rights in other jurisdictions

India to Spend Big on Tech So It Isn’t a ‘Hostage’ – Nikkei
India to Spend Big on Tech So It Isn’t a ‘Hostage’ – Nikkei

Country plans to increase local production of chips as well as displays, advanced chemicals, networking and telecom equipment, batteries and electronics

Bitcoin Recoups Some Losses After Fed Hikes Interest Rates
Bitcoin Recoups Some Losses After Fed Hikes Interest Rates

The world's largest cryptocurrency was trading at $22,338.49 on Thursday in Asia, according to Coinbase, after falling to $20,079.72, its lowest level since December 2020

China’s New Oriental Education Group on Comeback Trail
Baidu Seen in Talks to Sell Stake in China’s Netflix, iQIYI
China Lockdowns Prompt iPhone Supplier to Look Elsewhere 
Coinbase Hires Ex-Banker to Lead India Revival – TechCrunch
China’s Lenovo to Buy $614m Stake in Digital Units of HK’s PCCW
Japan, US Speed Up Advanced Chips Venture – Nikkei
China’s New Mobile App Rules Come Into Force From August 1

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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