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Latest: Fintech News

Uncertainty Haunts ASML’s China Customers on New Export Curbs
Uncertainty Haunts ASML’s China Customers on New Export Curbs

For Chinese customers, the restrictions would mean “that their ability to pursue leading-edge nodes development will be significantly curtailed," Citi analyst Amit Harchandani said

Apple, Foxconn Spur Landmark Labour Reforms in Indian State
Apple, Foxconn Spur Landmark Labour Reforms in Indian State

The legislation led to laws that give India's Karnataka state “one of the most flexible working regimes in India,” according to a report by the Financial Times

Chinese AI Firms Using Cloud to Dodge US Sanctions – FT
Chinese AI Firms Using Cloud to Dodge US Sanctions – FT

Artificial intelligence firms targeted by the US are reportedly using third parties to get around chip export controls

Silvergate Capital Shutdown Sparks Crypto Stocks Slide
India Push to Settle Global Trade in Rupees ‘Not Without Risks’
Dutch Set to Curb Exports of Key Chipmaking Machines to China
India to Apply Money Laundering Rules to Crypto Trading
Israel’s Judicial Crisis Fast Becoming an Economic Concern
US Senators’ TikTok Banning Bill Earns White House Backing
S Korea Warns US Chips Act Could Backfire, Harm Investment

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