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Latest: Fintech News

Biden Plays Down Impact of Calling China’s Xi a ‘Dictator’
Biden Plays Down Impact of Calling China’s Xi a ‘Dictator’

US President expects to meet with Xi Jinping in the near-term and doubts that his remark undermined ties with Beijing

Micron to Pump $825m Into First India Chipmaking Plant
Micron to Pump $825m Into First India Chipmaking Plant

The American memory chip firm’s investment comes on top of backing from the state of Gujarat and India’s central government

Musk at Odds With Ambani in Plan to Bring Starlink to India
Musk at Odds With Ambani in Plan to Bring Starlink to India

Two of the world’s richest men are locked in a battle over the Indian government's distribution of satellite broadband spectrum in a bid to tackle costs and competition

LFP Becoming the Battery of Choice for Electric Vehicles
Musk Meets Modi, Keen to Bring Tesla, Starlink to India Soon
China Extends $72bn Tax Break for Sale of EVs, Green Cars
Foxconn, Stellantis Join Forces in Auto Industry Chips JV
Blinken Lauded After Discussing Taiwan, Russia in China Talks
TerraUSD Crypto Boss Do Kwon Jailed in Montenegro – BBC
Surprise Reshuffle at Alibaba, CEO Zhang to Head Cloud Unit

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