fbpx

Type to search

Latest: Fintech News

China Evergrande Seeks Backing for Planned Rejig by March
China Evergrande Seeks Backing for Planned Rejig by March

Evergrande expects to firm up debt restructuring proposals by end-February or early-March, lawyers for the developer told a Hong Kong court on Monday

Huawei, ZTE Equipment Sales Banned by US Over Security Risks
Huawei, ZTE Equipment Sales Banned by US Over Security Risks

The move is latest step in Washington's crackdown on Chinese tech giants amid fears the firms would spy on Americans for Beijing

Binance Insurance Fund 44% Backed by its Token – CryptoPotato
Binance Insurance Fund 44% Backed by its Token – CryptoPotato

A large chunk of Binance's emergency insurance fund – 44% – is made up of the crypto exchange's own BNB tokens, crypto followers have noted

South Korea’s Yoon Warns of Crackdown on Truckers Strike
Fitch Says EVs Will Grab 35% of 2023 China Car Sales – SCMP
UK’s Largest Chip Plant Staff Want to Keep China Owners – BBC
Foxconn Apologises After Protests at Giant China Plant
Xiaomi Suffers Q3 Revenue Slide as Covid Curbs Hit Demand
BoJ, Megabanks Team up For Digital Yen Pilot Project
China Plans Big Fines for Tech Firms Abusing Competition Law

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