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Latest: Fintech News

Blacklisted China Firms Got Licences For $23bn of US Goods, Tech
Blacklisted China Firms Got Licences For $23bn of US Goods, Tech

A US official also told a Congressional hearing that some tech shipments to China’s blacklisted telecom equipment maker Huawei were “under assessment”

Missing Chinese Banker Bao Fan ‘Assisting Authorities in Probe’
Missing Chinese Banker Bao Fan ‘Assisting Authorities in Probe’

This is the first time China Renaissance Holdings has given a reason for the disappearance of its founder and star dealmaker

US and Canada Order TikTok Cut From All Government Phones
US and Canada Order TikTok Cut From All Government Phones

The US and Canada have ramped up efforts to get TikTok off government phones and devices; US agencies were given 30 days to ensure state workers' phones do not have the Chinese app on them

Huawei Dominates Global Tech Fair Despite US Curbs – US News
Australia Plans New Cyber Security Agency in Policy Shake-up
FTX’s Bankman-Fried Could Face 155 Years Jail – EuroNews
China’s Tencent Assembles Team To Create ChatGPT Rival
‘Fab 4’ Chip Alliance Holds First Senior Officials Meeting
IMF Chief Floats Crypto Ban Amid Debt Restructuring Talks
China Wants To ‘Integrate’ ChatGPT-Like Tech in its Economy

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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