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Latest: Fintech News

VW Talking to Leapmotor on Tech Tie-up; BYD India Tax Probe
VW Talking to Leapmotor on Tech Tie-up; BYD India Tax Probe

VW and automaker FAW Group could "buy" a platform of EV technologies from Leapmotor, according to the state-backed news-site. Meanwhile, BYD is facing a tax probe in India.

Australia Lawmakers Call for Government WeChat Ban – AP
Australia Lawmakers Call for Government WeChat Ban – AP

A senate committee says the move would make Australia a more difficult target for serious foreign interference

Binance Did $90bn in China Trades in Month Despite Ban – WSJ
Binance Did $90bn in China Trades in Month Despite Ban – WSJ

The world's largest crypto exchange withdrew from mainland China in 2017 during a regulatory crackdown, but the country is allegedly still the biggest source of its trading, a new report says

China’s Overseas Metals, Mining Deals Set For Record Year – FT
Foxconn EV Unit Keen to Make Small Cars in India, Thailand
Factory Activity Declined in China and Across Asia in July
China Expands Drone Export Curbs to ‘Maintain World Peace’
Ant IPO Unlikely in the Short Term, Chinese State Media Says
AMD to Build Massive $400 Million Chip Design Centre in India
Stagnant Demand, China Woes Temper Waning Chip Glut Cheer

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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