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Latest: Fintech News

China Bank Reassures Staff Over Star CEO’s Disappearance
China Bank Reassures Staff Over Star CEO’s Disappearance

The absence of China Renaissance founder Bao Fan, suspected to have been taken into custody, highlights 'key man risk', or dependence on top players, at some Chinese firms, analysts say

US Lawmakers in Taiwan For Tech, Trade Talks – Taiwan News
US Lawmakers in Taiwan For Tech, Trade Talks – Taiwan News

The four US representatives will meet Taiwan’s President Tsai, as well as key business leaders from the island

Taiwan’s Export Orders Fall For Fifth Month in a Row
Taiwan’s Export Orders Fall For Fifth Month in a Row

Semiconductor demand remained high whilst orders for electronic products fell 21.8%, Taiwan's economy ministry said

Chinese Vessels Linked to Taiwan’s Severed Undersea Cables – TN
Foxconn Spends $62.5 Million on New Vietnam Site – SCMP
SoftBank’s Chip Tech Firm Arm China Sees 90% Drop in Profit
Tether Gains After Investors Pull $2.5bn from Binance Coin
TikTok Plans More Data Centres in Europe Amid Security Concerns
Top China Dealmaker Bao Fan Disappears, Bank Stock Plunges
TSMC Dumped by Several Funds Other Than Buffett’s Berkshire

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