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Latest: Fintech News

China’s Baidu to Launch ChatGPT-Style AI Bot Soon
China’s Baidu to Launch ChatGPT-Style AI Bot Soon

Baidu will launch the chatbot as a standalone application and will gradually merge the service into its search engine

Taiwan Export Orders Tumble on Cooling Global Demand: Poll
Taiwan Export Orders Tumble on Cooling Global Demand: Poll

Taiwan's export orders are likely to have contracted again in December as the island feels the hit of cooling global demand

Japan Chip Equipment Makers Unaware of New China Restrictions
Japan Chip Equipment Makers Unaware of New China Restrictions

Japan is a major supplier of machines used to make leading-edge semiconductors that could come under new restrictions

US Edges Closer to Nationwide Ban of China’s TikTok – Gizmodo
China’s JD.com to End Services in Thailand, Indonesia
China’s 2022 Smartphone Sales Plunge to Lowest in a Decade
Steps Made Towards Deal on Fresh China Chip Curbs: ASML
Dutch PM ‘May Not Disclose’ Result Of China Chip Curbs Talks
Japan, Netherlands to Join US in Enforcing China Chip Curbs
Dutch Officials Head to US For Possible China Chip Curbs Deal

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