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Latest: Fintech News

China’s Ant Group to Launch ANEXT Digital Bank in Singapore
China’s Ant Group to Launch ANEXT Digital Bank in Singapore

The Monetary Authority of Singapore gave approval on June 2 to an application for the bank to commence business, Ant and wholly-owned ANEXT said in a statement

India Tech Firms Demand Delhi Delays New Cyber Rules
India Tech Firms Demand Delhi Delays New Cyber Rules

The country’s leading tech firms say the government’s new cybersecurity rules risk creating an 'environment of fear’

Musk Floats 10% Tesla Staff Cut Plan as Outlook Darkens
Musk Floats 10% Tesla Staff Cut Plan as Outlook Darkens

CEO Elon Musk has told Tesla executives to "pause all hiring worldwide", saying he needs to cut staff at the electric carmaker as a global downturn appears to be looming

Musk Work From Home Ban Slammed by Australian Tech Titan
Crypto Crash May Prompt Tighter China Curbs – Economic Daily
Elon Musk Hints at Unveiling Tesla Humanoid Robot Prototype
Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’
Digitalisation is Key to Japan Success, Says IMF Report
VPN Operator Pulls Servers Out of India Over New Data Rules
Amazon to Shut Down Kindle E-Book Business in China

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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