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Latest: Fintech News

Australia, Singapore Agree New ‘Green Economy’ Deal
Australia, Singapore Agree New ‘Green Economy’ Deal

"It will support our transition to net zero emissions as well as create jobs in green sectors," Singapore Prime Minister Lee Hsien Loong said

Xi’s Focus on Tech Points to ‘Rejig of China’s Chip Strategy’
Xi’s Focus on Tech Points to ‘Rejig of China’s Chip Strategy’

Analysts said Xi's eagerness to "win the battle" in core technologies could mean that China will not only bolster spending but overhaul its whole approach to boost key tech and chip sectors

Xi Puts Tech First in China’s Development Goals – SCMP
Xi Puts Tech First in China’s Development Goals – SCMP

Chinese President stressed innovation and hailed progress in the areas of space flight and exploration, quantum information and supercomputers.

US Tech Boosted China’s Hypersonic Missile Projects – WaPo
Kakao Shares Slump After Service Blackout Erodes Trust
Apple Defers Plan to Use China’s YMTC Chips – Nikkei
Taiwan Expects $940 Million of New Chip Investment from US
ASML and Lam Research Pull US Engineers Out in China – SCMP
US to Reject ‘Untrustworthy’ New Huawei, ZTE Equipment
US Authorities Investigating Musk, Twitter Tells Court

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