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Latest: Fintech News

Indian-Owned Technology Firms Post Sharp Growth in UK
Indian-Owned Technology Firms Post Sharp Growth in UK

Automotive components maker Motherson Sumi Systems Limited, IT services company Prodapt and cloud communications platform Route Mobile among biggest gainers

Singapore’s OCBC in Deal to Offer Tokenised Carbon Credits
Singapore’s OCBC in Deal to Offer Tokenised Carbon Credits

The second-largest bank in Southeast Asia said it would partner with MetaVerse Green Exchange (MVGX) to develop client companies’ transitions to carbon neutrality

China Restricts Livestreamers, Bans Underage Tipping
China Restricts Livestreamers, Bans Underage Tipping

Authorities also mandated viewing hours for livestreaming,  saying shows will need to be "forcibly" turned off by 10 p.m. local time for users of their parental control functions

Sri Lanka Streets Calm After State of Emergency Declared
Singapore SPAC Plans to Invest $115m in Tech Startups
Nvidia to Pay $5.5m Penalty Over Chips’ Use in Cryptomining
US Hits ‘Currency Mixer’ Blender With North Korea Sanctions
TikTok Workers Reveal Pressure, Poor Conditions – WSJ
Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT
Indian Court Halts Seizure of $725m in Xiaomi Assets

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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