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Latest: Fintech News

Apple Bets on India’s Middle Class in Hunt for Future Markets
Apple Bets on India’s Middle Class in Hunt for Future Markets

CEO Tim Cook believes emerging markets, with their younger populations and fewer iPhones, will bring more prospects for growth for Apple

China Orders Check on Auditors to Ensure Data Secrecy – FT
China Orders Check on Auditors to Ensure Data Secrecy – FT

State-owned companies and firms listed on the mainland have been ordered to do thorough reviews of auditors' ability to "safeguard information security"

China Says Its First Gene-Edited Soybean is Safe
China Says Its First Gene-Edited Soybean is Safe

The soybean, developed by privately-owned Shandong Shunfeng Biotechnology, has two modified genes that significantly raise the level of healthy fat oleic acid in the plant

China’s Top Financial Data Provider, Wind, Cuts Foreign Access
China Cool on ‘Interfering’ NATO’s Plan for an Office in Japan
US Senators Launch 2nd Multi-Pronged China Competition Bill
AI ‘Godfather’ Quits Google, Warns of ‘Risk To Humanity’ – NYT
US Chip Sanctions Have Hardly Impacted China’s AI Capability
China Lifts PLA Recruitment Amid Space, Cyber Warfare Push
US Lawmakers Demand Supply Chain Check Before Shein IPO

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