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Latest: Fintech News

India Eyes $3bn Armed Drones Deal With US to Monitor China
India Eyes $3bn Armed Drones Deal With US to Monitor China

India is set to sign a $3-billion deal with the US for 30 top-level military drones for surveillance of their border with China and the Indian Ocean

Australia to do Crypto Stocktake Ahead of Regulatory Moves
Australia to do Crypto Stocktake Ahead of Regulatory Moves

Treasurer Jim Chalmers said his department would list the types of digital currencies within the country, as a first step to identify which crypto assets to regulate, and how.

Taiwan Calls Semiconductors ‘Democracy Chips’ in US Meeting
Taiwan Calls Semiconductors ‘Democracy Chips’ in US Meeting

Indiana Governor Eric Holcomb is making the third trip to Taiwan this month by a U.S. delegation after U.S. House Speaker Nancy Pelosi's earlier visit infuriated China.

Apple Supplier Foxconn in $300m Plant Expansion in Vietnam
Crypto’s Hodlnaut Cuts 80% of Staff as Police Investigate
UK Blocks Hong Kong Takeover of Chip Parts Firm – Guardian
Taiwan Says It’s Yet to be Told of Asian Chipmakers Meeting
Samsung Plans $15bn Spending at New Chip Research Centre
China Reassures Battered Tech Firms, Wants ‘Can-Do’ Relations
South Korea to Attend Initial Meet of US-Led Asian Chipmakers

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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