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Latest: Fintech News

Chinese Hackers Stole ‘Trillions’ in IP Secrets – CBS
Chinese Hackers Stole ‘Trillions’ in IP Secrets – CBS

State hackers stole technology secrets from about 30 multinationals in the energy, manufacturing and pharmaceutical fields in East Asia, Europe and North America since 2019, it said

US to Hit China’s Hikvision With Heavy Sanctions – FT
US to Hit China’s Hikvision With Heavy Sanctions – FT

The US administration is aware that measures would have ramifications for the more than 180 countries that use Hikvision cameras

US Bill to Boost Competition with China Moves Another Step
US Bill to Boost Competition with China Moves Another Step

Congress has been working on China competition legislation for more than a year. The Senate first passed a version in June 2021, with strong bipartisan support

JD.com, Pinduoduo Among 80 Firms Added to US Delisting Register
Volvo’s China Sales Slashed By Coronavirus Lockdowns
Citizens Etch Shanghai Covid Lockdown Memories as NFTs
Private Equity Making Huge Push Into Crypto Assets
China’s Tech Crackdown May Give it an Edge – The Diplomat
Taiwan Firms Struggle with Supply Chains As Demand Rises
China May Steal A March Over US in AI – Straits Times

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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