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Latest: Fintech News

US Set to Outline Ban on Sensitive Tech Investment in China
US Set to Outline Ban on Sensitive Tech Investment in China

The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say

Taiwan Chip Giant TSMC to Pump $3.8bn Into New German Fab
Taiwan Chip Giant TSMC to Pump $3.8bn Into New German Fab

The factory in Saxony, which will see auto parts maker Bosch and semiconductor makers Infineon and NXP each own 10% of the plant, is planned to open in 2027

North Korea Hackers Breached Russian Missile Maker’s Systems
North Korea Hackers Breached Russian Missile Maker’s Systems

The cyber attack revelation comes just weeks after a trip to Pyongyang by Russian defence minister Sergei Shoigu

China’s Trade to the US and EU Sank Further in July, Data Shows
SoftBank Set to Finally See Green as Tech Valuations Jump
US Curbs on Investments in Critical China Tech Likely This Week
US Navy Sent to Alaska Over 11 Russia, China Warships – KTUU
Foxconn Forecasts Q3 Recovery After July Sales Drop-Off
India Import Curbs on Tech Aimed at China, Officials Admit
US Seen Clamping Down on Investment in China Funds

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