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Latest: Fintech News

Waymo Kicks Off Fully Autonomous Rides – The Information
Waymo Kicks Off Fully Autonomous Rides – The Information

The move follows six months of the company testing its robotaxi service with “trusted testers” in the California technology hub

Meta Paying Lobbyists to Malign TikTok – Washington Post
Meta Paying Lobbyists to Malign TikTok – Washington Post

Employees with the firm, Targeted Victory, worked to undermine TikTok through a nationwide media and lobbying campaign

Chinese Chip Makers Push Ahead With Expansion – SCMP
Chinese Chip Makers Push Ahead With Expansion – SCMP

Semiconductor Manufacturing International Corporation said its capital expenditure in 2022 will be about US$5 billion

India Seen Sealing Controversial Russia Trade Deal
China Tech Firms Call Layoffs ‘Graduations’ – Insider
US SEC Flags Crypto, ESG as Top Monitoring Priorities
Indonesia’s GoTo Sets $1.1bn IPO Fundraising Target
Japan Moves to Secure Vital Materials Over War Shortages
Chubb Buys Dual’s Regional Assets – Insurance Business Asia
Pakistan Hopes to Widen Retail Investor Base – Dawn

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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