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Latest: Fintech News

Trump Set to Extend TikTok Sale Deadline For a Third Time
Trump Set to Extend TikTok Sale Deadline For a Third Time

“President Trump will sign an additional executive order this week to keep TikTok up and running,” White House press secretary Karoline Leavitt said.

Firms Underestimating Risks From Carbon-Fuelled Climate Change
Firms Underestimating Risks From Carbon-Fuelled Climate Change

Global firms are seriously underestimating the threats to their operations from increasingly changing climates, experts say

China AI Firm Used SE Asia Data Centre to Beat Chip Curbs – WSJ
China AI Firm Used SE Asia Data Centre to Beat Chip Curbs – WSJ

Chinese AI developers reportedly carried hard drives with a vast amount of data to a computing centre in Malaysia with top US chips to build an AI model they later took home, a new report says

Taiwan Blacklists Chinese Chipmakers Huawei, SMIC
S Korea Forms Task Force to Speed up Trade Talks With US
US May Ban Entry to Citizens of 36 More States: Rubio Memo
Mixed Economic Data in China in May: Factories Down, Retail Up
Cambodia’s Hun Sen Threatens Ban on Thai Goods – B/Post
Price Cuts Help Apple Win Top Phone Sales Spot in China in May
Dreamliner Crash in India is Latest Nightmare for Boeing

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