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Latest: Fintech News

US Firms in China Gloomier Amid Bilateral Tension, Covid Curbs
US Firms in China Gloomier Amid Bilateral Tension, Covid Curbs

Three-quarters of US companies in China told an AmCham survey that multiple issues from fickle policy changes to slow progress on market access forced them to put investments on hold

Biden to Order Studies on Regulating Crypto and a Digital Dollar
Biden to Order Studies on Regulating Crypto and a Digital Dollar

The order sets an 180-day deadline for a series of reports on "the future of money" and the role that cryptocurrencies will play in the evolving landscape

OpenRan Tech To Shake Up Wireless Market Still Years Away – Caixin
OpenRan Tech To Shake Up Wireless Market Still Years Away – Caixin

Equipment vendors such as Ericsson, Huawei, ZTE and Nokia have historically provided nearly all of the hardware and software for telecom networks

S&P Warns of Meituan Downgrade Over ‘Cash Generation’ Fears
Microsoft Unveils Fourth Data Centre in India
From Samsung to Sony, Asia Tech Hit by Russia Curbs – Nikkei
Illegal Activities of Chinese Firms Under Lens in India – ET
Russian Banks Seek Tie-Up With China’s UnionPay After Card Ban
Ambani’s Reliance Seizes Future Stores in Stealth Operation
ZTE Hauled Back to US Court Over Iran Allegations

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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