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Latest: Fintech News

Chinese Hackers ‘Targeted Kenya Ministries Amid Debt Strains’
Chinese Hackers ‘Targeted Kenya Ministries Amid Debt Strains’

Kenyan ministries were subject to hack attacks over three to four years said to be aimed at gaining information on debt owed to Beijing by the East African nation

China Warns Japan to Reverse its Ban on Chipmaking Gear
China Warns Japan to Reverse its Ban on Chipmaking Gear

China has lashed out at Tokyo for saying it will take 'resolute countermeasures' if it restricts the export of advanced chipmaking equipment to the mainland

China’s Micron Ban Adds to Asian Chipmakers’ Investment Woes
China’s Micron Ban Adds to Asian Chipmakers’ Investment Woes

"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said

China’s ChatGPT Rival Ernie Bot Dodges Covid, Xi Queries – NYP
China’s TikTok Sues Montana Over Statewide Ban
Global Watchdog Unveils Regulatory System For Crypto Sector
$600,000 ‘Deepfake’ Fraud Heats Up AI Debate in China
China Ban on Micron Adds to Trade Tension, Spurs Chip Rally
US Set to Sign Security Pacts With Palau and Micronesia
China Will Still Get Big Investments From West, Scholz Says

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