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Latest: Fintech News

Toyota Claims EV Battery Breakthrough – Guardian
Toyota Claims EV Battery Breakthrough – Guardian

Japanese car giant believes it could make a solid-state battery that charges in 10 minutes and has a range of 745 miles (nearly 1,200km)

China Scraps Top EU Envoy’s Trip Amid Chip Metal Curbs Backlash
China Scraps Top EU Envoy’s Trip Amid Chip Metal Curbs Backlash

On Tuesday, the EU voiced concerns over China's planned curbs on exports of some gallium and germanium products and expressed doubts that the move was related to national security

Curbs on Chipmaking Metals ‘Just The Beginning’, China Warns
Curbs on Chipmaking Metals ‘Just The Beginning’, China Warns

Former vice commerce minister says China's countermeasures will escalate if tougher tech restrictions are imposed. Analysts say they could extend to rare earth elements.

China Chip Metal Curbs See Germany Urge Faster ‘De-Risking’
India’s Ambani Debuts $12 4G Phone With Streaming, Digital Pay
US to Cut China Access to Amazon, Microsoft Cloud Computing: WSJ
China’s Pick of PBOC Boss Points to Financial Stability Concern
China Move to Block Chipmaking Metals Spurs Supply Fears
EU to Beef Up Japan Ties on Chips, AI to ‘De-Risk’ From China
South Korean Manufacturing in Longest Decline Since 2004

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