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Latest: Fintech News

China Passes 1 Terawatt of Solar Power, Government Says
China Passes 1 Terawatt of Solar Power, Government Says

Surge of solar output in May sees China pass the 1,000 GW mark, but its record on coal power remains a dark shadow on its impressive energy transition

Survey Shows Business is Booming in India, Record Export Orders
Survey Shows Business is Booming in India, Record Export Orders

New export orders have fuelled a surge in private business, especially manufacturing, with international sales at the highest in over a decade

Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’
Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’

Twenty local governments, such as cargo hubs like Guangdong and Sichuan, have supported the export of new cars to boost provincial sales data, 'dumping unsold subsidized cars' abroad

DeepSeek Sharing User Data With China Military, Intelligence: US
S Korea to Discuss Concern Over Curbs on Chipmakers in China
Flood of Cheap Chinese EVs in Brazil Sparks a Backlash
Tariff Talks With US Still ‘in a Fog,’ Japan’s Trade Negotiator Says
Software Trial Shows Australia’s Social Media Age Ban Could Work
Apple Keen to Use AI to Design Its Chips, Tech Executive Says
Thai PM Faces Pressure as Major Partner Leaves Ruling Coalition

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