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Latest: Fintech News

Carmakers Stressed by China’s Curbs on Critical Mineral Exports
Carmakers Stressed by China’s Curbs on Critical Mineral Exports

China's decision to suspend exports of critical minerals and magnets has upended supply chains to carmakers, aerospace manufacturers, chip firms and military contractors

North Korean Phone Appears to Monitor User’s Activity – BBC
North Korean Phone Appears to Monitor User’s Activity – BBC

The phone "silently captured a screenshot every 5 minutes, storing images in a hidden folder users could not access," so officials could monitor their activity.

Factory Activity in China Slumps to Lowest in Nearly Three Years
Factory Activity in China Slumps to Lowest in Nearly Three Years

US tariffs blamed after private survey finds manufacturing in China contracted in May for the first time in eight months - to the lowest level since September 2022.

Dutch Minister Says China ‘Biggest Threat’ to Chip Tech Secrets
China Happy With US Restrictions on Its Students, Democrat Says
China Denies Trump Claim, Says It Was US That Broke Trade Deal
China ‘Totally Violated’ Tariffs Agreement With US, Trump Says
Shipments of US Ethane to China Face Export Licence Uncertainty
New Curbs Force Chip Design Software Firm to Halt Work in China
Trump’s Tariffs Reinstated as Appeals Court Pauses Trade Ruling

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