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Latest: Fintech News

China Says the US is Creating an Illusion It’s Keen to Engage
China Says the US is Creating an Illusion It’s Keen to Engage

China has been upset by claims of spying from Cuba, with a state-backed commentator accusing the US of repeatedly playing tricks and creating an 'illusion' it is eager to engage in talks

India Outsourcing Giants Cut Hiring in Blow For IT, Economy
India Outsourcing Giants Cut Hiring in Blow For IT, Economy

It’s feared the hiring slowdown could affect consumption amid warnings of economic ‘headwinds' and with the IT sector accounting for 8% of India's GDP

Ex-Samsung Exec Faces Data Theft Charges in China Factory Plot
Ex-Samsung Exec Faces Data Theft Charges in China Factory Plot

The former Samsung Electronics chief allegedly planned to build the chip factory just a mile away from the Korean giant’s manufacturing hub in Xian

India Picks Germany’s ThyssenKrupp to Build Six Subs – RFI
Indian Bike Maker Ola Electric Seen Starting Talks on IPO
China Has Been Spying From Cuba For Years, US Says
OpenAI Chief Urges South Korea to Supply Chips for AI Boom
US Bans China’s Ninestar, Chemical Firm for Forced Labour
Saudi Arabia Emerging as Hot New Market For Chinese Investors
Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope

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