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Latest: Fintech News

Price Cuts Help Apple Win Top Phone Sales Spot in China in May
Price Cuts Help Apple Win Top Phone Sales Spot in China in May

Discounts of up to $351 helped US tech giant beat tough competition from domestic rivals to top China phone sales last month, new data shows

Dreamliner Crash in India is Latest Nightmare for Boeing
Dreamliner Crash in India is Latest Nightmare for Boeing

There are over 1,100 787s in service around the world, and while there have been concerns over the plane's engines, this is the Dreamliner's first fatal crash

Trade Truce Done With 55% Tariffs on China Exports, Trump Says
Trade Truce Done With 55% Tariffs on China Exports, Trump Says

China has agreed to supply rare earth exports, while the US will drop some recent measures and allow Chinese students to access US universities under an initial trade deal discussed in London

Cambodian Scam Centres Straining Ties With States Near And Far
US Seen Easing Chip, Product Curbs to Get China’s Rare Earths
US and Chinese Officials Begin High Stakes Trade Talks in London
Cargo Ship Carrying 3,000 Cars Ablaze Off Alaska, EV Fire Blamed
China Export Curbs on Rare Earth Magnets: a Trade War Weapon
Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk
Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’

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