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Latest: Fintech News

China Urges State Giants to Lead Tech Fightback Against US
China Urges State Giants to Lead Tech Fightback Against US

Beijing has called on its state-owned enterprises to be tech 'pillars' in a self-reliance drive sparked by US export curbs and bans

Cisco to Start Making Network and Internet Equipment in India
Cisco to Start Making Network and Internet Equipment in India

CEO meets Indian PM Narendra Modi on move to diversify its supply chain. The US tech giant has set a target of $1 billion in domestic production and exports over next few years.

LinkedIn Axes China App as it Cuts 700 Jobs Globally
LinkedIn Axes China App as it Cuts 700 Jobs Globally

The Microsoft-owned social media platform said it was closing down the jobs app it offers in China after it decided to largely withdraw from the country in 2021

Taiwan Will Not Let US Blow up TSMC if China Invades – TN
China Raids Capvision Amid Crackdown on Due Diligence Firms
China’s Security Focus Undermining Its Economic Goals
Alibaba Plans $2bn HK IPO For Newly Spun-Off Logistics Unit
TikTok Staff Spied on UK Journo Through Her Cat’s Account – BBC
Warren Buffett Says He Prefers Investing in Japan to Taiwan
China Plans Rules to Regulate Data Flows From Smart Cars

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