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Latest: Fintech News

Twitter Blocks Accounts of Over 100 ‘Modi Critics’ – Guardian
Twitter Blocks Accounts of Over 100 ‘Modi Critics’ – Guardian

The accounts included several Indian journalists, Canadian poet Rupi Kaur and BBC News' Punjab bureau

EU Leaders Back in China, Eyeing Business and Ukraine
EU Leaders Back in China, Eyeing Business and Ukraine

Macron has flown in with a 50-strong business delegation, while Von der Leyen has said the EU must move to cut risks in its trade ties with Beijing

Samsung Quarterly Profit Set to Tank 92% Amid Chip Downturn
Samsung Quarterly Profit Set to Tank 92% Amid Chip Downturn

Analysts say Samsung’s chip division likely reported quarterly losses of more than $2.3 billion due to falling memory chip prices and lower inventory values

China Stalling Merger Reviews of US Chip Firms, Others – WSJ
China Calls on WTO to Review Chip Export Curbs Led by US
Foreign Money Flowing Back Into China on Alibaba, Ma Boosts
Micron Says China Operations Normal Despite Government Review
China’s Yuan is Now the Most Traded Currency in Russia
Australia Bans TikTok Risking Ongoing Trade Talks With China
Japan Targets Tripling Sales of Homemade Chips by 2030

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