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Latest: Fintech News

China’s TikTok Sues Montana Over Statewide Ban
China’s TikTok Sues Montana Over Statewide Ban

Montana, which has a total of about 1.1 million residents, is the first US state to impose a ban on the short-video app, which is due to take effect on January 1, 2024

Global Watchdog Unveils Regulatory System For Crypto Sector
Global Watchdog Unveils Regulatory System For Crypto Sector

The international securities watchdog has unveiled recommendations on Tuesday for global regulation of crypto-assets and digital markets; it aims to finalise them by year-end

$600,000 ‘Deepfake’ Fraud Heats Up AI Debate in China
$600,000 ‘Deepfake’ Fraud Heats Up AI Debate in China

"He chatted with me via video call, and I also confirmed his face and voice in the video. That's why we let our guard down," the victim said

China Ban on Micron Adds to Trade Tension, Spurs Chip Rally
US Set to Sign Security Pacts With Palau and Micronesia
China Will Still Get Big Investments From West, Scholz Says
G7 Leaders Seek to ‘De-Risk, Not Decouple’ From China
India to Withdraw 2000-Rupee Notes Ahead of Elections
China’s Commerce Minister to Meet US Trade Chiefs Next Week
Micron to Spend $3.7bn to Bring EUV Chipmaking Tech to Japan

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