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Latest: Fintech News

China Warns US Chip Tech Export Curbs Will ‘Backfire’
China Warns US Chip Tech Export Curbs Will ‘Backfire’

The Biden administration has brought in new export controls, including cutting China off from certain semiconductor chips made with US tools

Crypto Hackers Steal $100m in Binance Tokens
Crypto Hackers Steal $100m in Binance Tokens

Binance said on Friday coins worth at least $100 million were taken in a hack that targeted a bridge between two Binance systems.

Malaysia Turns to Tech to Solve Palm Fruit Labour Shortage
Malaysia Turns to Tech to Solve Palm Fruit Labour Shortage

The Covid pandemic and reduced migrant workers has fast-tracked the country's path to high-tech farming

China Drone Maker, Genomics Firm, Others Added to US Blacklist
South Korean Chipmakers Seen Avoiding US Chip Crackdown
The China Tech Giants Chasing $8 Trillion of Metaverse Gold
Huawei to Relaunch 5G Phone Despite US Sanctions – FT
China Ditched Tacit Agreement on Taiwan Strait: Minister
SoftBank Seen Not Proposing Arm Investment To Samsung
Apple Asks Suppliers to Shift More Production to India – Nikkei

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