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Latest: Fintech News

Tesla Facing US Lawsuit Over Alleged Privacy Intrusion
Tesla Facing US Lawsuit Over Alleged Privacy Intrusion

The lawsuit, lodged at a California court, came after a report that Tesla employees shared videos and images recorded by customers' car cameras between 2019 and 2022

Baidu Sues Apple, App Developers Over Ernie Bot Imposters
Baidu Sues Apple, App Developers Over Ernie Bot Imposters

"Until our company's official announcement, any Ernie app you see from App Store or other stores are fake," the Chinese search engine giant said in a statement

China’s First US-Style IPO Shares Soar in Market Defying Debuts
China’s First US-Style IPO Shares Soar in Market Defying Debuts

Firms debuted at cheap prices, and jumped under new listing scheme; Shenzhen CECport Technologies, an electronic components distributor, opened 161% higher and surged 239%

TSMC Seeks Clarity From US Amid Chips Act Subsidy Concerns
China Telecoms to Fund ‘Rival’ $500m Undersea Cable to Asia
China Stages Military Drills Around Taiwan Over Tsai’s US Trip
Tesla Workers Shared Images Recorded by Customers’ Cars
‘Hello Mumbai’: Apple Reveals Look of First India Retail Store
US Speaker Meets Taiwan’s Tsai, Keen to Boost Arms Support
Taiwan’s Foxconn Posts Revenue Rise But Warns on Outlook

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