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Latest: Fintech News

Australian Regulators Investigate Optus After Cyberattack
Australian Regulators Investigate Optus After Cyberattack

If investigators find a breach of Australian privacy law, they can seek civil penalties of up to $1.4 million per contravention

China’s Tech Aims Are a Threat to Us All: UK Spy Chief – ABC
China’s Tech Aims Are a Threat to Us All: UK Spy Chief – ABC

China regards other countries "as either potential adversaries or potential client states, to be threatened, bribed or coerced,” GCHQ head Jeremy Fleming said.

KLA Seen Ending Dealings With China After US Chip Curbs
KLA Seen Ending Dealings With China After US Chip Curbs

US chip tool maker will cease offering some supplies and services from Wednesday to customers in China, a source revealed on Tuesday.

CCP Asked Elon Musk Not to Sell Starlink in China – The Verge
China Approves Fund Targeting Korean, Local Chipmakers
Singtel Unit Hit by Cyber Attack Weeks After Optus Breach
New US Export Rules Seek to Contain China’s Chip Sector
US Chip Ban Could Hurt Korean Chip Fabs in China – CNA
China’s Chip Industry Faces Deep Pain From US Curbs – FT
Shares of China Chip, Tech Firms Sink on US Export Curbs

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