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Latest: Fintech News

China May Soften Charges, Reduce Fine on Embattled Ant Group
China May Soften Charges, Reduce Fine on Embattled Ant Group

A smaller fine will follow its founder Jack Ma’s recent return to China after staying overseas for more than a year after a dramatic regulatory crackdown

‘Fanboys’ Queue Up as Apple Opens First India Store in Mumbai
‘Fanboys’ Queue Up as Apple Opens First India Store in Mumbai

"The energy, creativity, and passion in Mumbai is incredible!" CEO Tim Cook, making his first visit to India in seven years, said on Twitter

Google Shares Drop on News Samsung May Adopt Bing – Gizmodo
Google Shares Drop on News Samsung May Adopt Bing – Gizmodo

News that Samsung may drop Google and switch the default search engine on its devices to Bing, which has integrated artificial intelligence features, could cost the US tech giant billions

China’s Guangdong Plans $4.4bn Fund to Boost Chip Sector
Apple Chief Cook, India PM Modi to Meet Amid Expansion Push
Musk’s Starlink Drawing More Shipping Groups – Seatrade
Gazprombank, India Banks Step Up Ties to Lift Rupee-Ruble Trade
Infosys Plunges and Indian IT Peers Hit by Weak Outlook
Russia Says China Agreed to Sell Weapons: US Leak – WaPo
Apple in Negotiations to Manufacture MacBooks in Thailand

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