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Latest: Fintech News

Taiwan Chipmaker UMC Halts Capital Spending as Demand Slips
Taiwan Chipmaker UMC Halts Capital Spending as Demand Slips

The semiconductor outfit, whose clients include US company Qualcomm, is focusing on cost control in a further sign of pain facing the tech industry

US-China Rivalry May Spur Decoupling of Chip Sector – BBC
US-China Rivalry May Spur Decoupling of Chip Sector – BBC

A possible outcome of US chip controls could be "a partial decoupling" of the sector, experts say, with "one focused on China and one on the rest of the world"

China Ride-Hailing Group Didi Allowed to Register New Users
China Ride-Hailing Group Didi Allowed to Register New Users

Ride-hailing giant Didi Global said on Monday it will be allowed to resume new user registration, but it is not known yet when its apps will be back on domestic app stores

Bitcoin Passes $20,000 Mark for First Time in 2 Months
China’s TikTok Fined $5.4m Over Online Tracking Breach
China Seen Allowing Didi Apps Back Online, Amid Regulatory Thaw
Japan, Netherlands ‘Won’t Impose Immediate China Chip Curbs’
China Acquires Minority ‘Golden’ Stakes in Two Alibaba Units
Japan, US Say China ‘Greatest’ Challenge, to Mull Chip Curbs
China Asks Banks to Release More Yuan Loans Abroad

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AF Fintech Insights

Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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