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Latest: Fintech News

Japan, Netherlands ‘Won’t Impose Immediate China Chip Curbs’
Japan, Netherlands ‘Won’t Impose Immediate China Chip Curbs’

The US sees the participation of other top producers of chipmaking equipment as essential to making its sweeping chip export controls against China effective

China Acquires Minority ‘Golden’ Stakes in Two Alibaba Units
China Acquires Minority ‘Golden’ Stakes in Two Alibaba Units

Beijing has been taking 'golden shares' in private online media and content companies for years, as part of a campaign to strengthen control over online content

Japan, US Say China ‘Greatest’ Challenge, to Mull Chip Curbs
Japan, US Say China ‘Greatest’ Challenge, to Mull Chip Curbs

Japanese Prime Minister Fumio Kishida is set to meet US President Joe Biden on Friday, with a focus on chip export controls, critical technologies, global economy and joint security issues

China Asks Banks to Release More Yuan Loans Abroad
Sales of Advanced Chips Lift TSMC Quarterly Profit 78%
Hong Kong Drawing Up Crypto Token Trading Shortlist
Google Warns India Antitrust Order Will Scupper Android Growth
Tesla Bags 30,000 Orders After China Price Cuts – Tesmanian
Apple Supplier BOE Seen Building Factories in Vietnam
Musk’s Starlink Spurs Taiwan Satellite Internet Plan – Fortune

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