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Latest: Fintech News

Top China Dealmaker Bao Fan Disappears, Bank Stock Plunges
Top China Dealmaker Bao Fan Disappears, Bank Stock Plunges

Bao Fan, one of China's most high-profile investment bankers, has gone missing, his bank says, amid speculation he has been taken into custody.

TSMC Dumped by Several Funds Other Than Buffett’s Berkshire
TSMC Dumped by Several Funds Other Than Buffett’s Berkshire

Berkshire's investors are still trying to figure out why Buffett decided to sell most of its stake in the chipmaker

China Aiming to Boost Consumer Spending and Childcare
China Aiming to Boost Consumer Spending and Childcare

Chinese officials said on Thursday they will focus policies on key goals such as housing, helping elderly citizens, and boosting childcare and encouraging couples to have more children

ASML Accuses China Employee of Chip Tech Theft – FT
Air India’s ‘Historic’ $80bn Deal Took Months of Secret Talks
TSMC Shares Fall as Buffett-Backed Berkshire Dumps Stake
Modi Government Seeks Total Control of Indian Internet – Wired
Apple’s Shift to Produce iPhones in India Facing Hurdles – FT
China Chip Designer Unisoc Seen Seeking to Raise $1.5 Billion
Amazon in Talks to Buy India Video Outlet MX Player – TechCrunch

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