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Latest: Fintech News


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Apple Workers Revolt at Back to Office Order – Computer World
Apple Workers Revolt at Back to Office Order – Computer World

A group of Apple employees has pushed back against a call by the $2.46-trillion company for them to return to the office three days a week, according to a report

JD.com, Alibaba and China Tech Stocks Sink Further
JD.com, Alibaba and China Tech Stocks Sink Further

The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28

France’s Renault Sells Stake in Korean Arm to China’s Geely
France’s Renault Sells Stake in Korean Arm to China’s Geely

Carmaker plans to boost profit margins and split its electric vehicle and combustion engine businesses amid intense competition in the landmark switch to cleaner cars

Tesla Faces Shortage of EV Parts, Halts Production in Shanghai
Japan’s TDK Looks to Build $383m EV Parts Facility – Nikkei
Crypto Thieves Lurk on Social Media to Steal NFTs – ST
Apple’s Chinese Engineers Keep Production Humming – WSJ
Crypto Fear and Greed Index Now in ‘Extreme Fear’ Territory
US May Screen Tech Startups Amid China Warning – WSJ
China Using 3D Printing to Build Tibet Dam – SCMP

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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