fbpx

Type to search

Latest: Fintech News

Asian Funds Backing China Education Again, US AI-Tech Giants
Asian Funds Backing China Education Again, US AI-Tech Giants

Hedge funds in Asia have been investing in China's top private education groups and US tech giants working on artificial intelligence, regulatory filings from the first quarter reveal

Chinese General Urges More Use of ‘Tech, Financial’ Warfare
Chinese General Urges More Use of ‘Tech, Financial’ Warfare

General Wang Haijiang said the People's Liberation Army must learn the lessons of the Ukraine conflict and turn to AI and cyber weapons to take on the West

Chinese Firms Swap Auditors to Avoid Delisting in US – Nikkei
Chinese Firms Swap Auditors to Avoid Delisting in US – Nikkei

Some 24 Chinese firms have changed auditors since 2022, according to an analysis of filings by Nikkei, which said many did that to avoid being delisted from US exchanges

China Reports Weak April Data, Record Youth Unemployment
North Korea Hackers Stole Crypto Worth $721 Million From Japan
Eyeing Top Dollar, China Consulting Firms Tested Beijing’s Limits
Apple Supplier Foxconn to Spend $500m on Plants in India
Lawsuit Says China Officials Had Access to TikTok’s US Data – CNN
Tesla, Samsung Chiefs in High-Tech Team-Up Talks
US, EU Join Forces to Tackle China’s ‘Non-Market Practices’

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