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Latest: Fintech News

China ‘Keen For Talks on Trade Deal to Reduce Tariffs Threat’
China ‘Keen For Talks on Trade Deal to Reduce Tariffs Threat’

China may seek to buy US food and energy in a trade deal with Trump to avoid new tariffs, but cutting the flow of fentanyl may also be a factor, analysts say

Samsung Claims Indian Officials Acted Unlawfully in Probe
Samsung Claims Indian Officials Acted Unlawfully in Probe

Samsung is caught in a competition probe that found it and other firms broke anti-trust laws by colluding with Amazon and Flipkart to exclusively launch products online

Kraken Crypto Exchange Operator Hit With $5m Fine in Australia
Kraken Crypto Exchange Operator Hit With $5m Fine in Australia

A Federal Court in Australia has ruled that Bit Trade, which ran a Kraken crypto exchange, must pay a fine of $5.1m for unlawfully issuing a credit facility

Taiwanese Officials in US For Talks With Trump’s Team: Sources
US Hits China Firm for Cyberattack, ‘Burma’ Firms for Bombings
China Central Bank ‘to Allow a Weaker Yuan’ as Trade Risk Rises
Nvidia ‘Facing $1bn Fine’ as China Opens Anti-Monopoly Probe
China Deploys Biggest Naval Fleet in 30 Years, Taiwan Warns
South Korea Left Without a Leader as Crucial Trump Tariffs Loom
India Wants Help From Musk’s Starlink on $4.2bn Drug Case

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