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Latest: Fintech News

Japan, Netherlands to Join US in Enforcing China Chip Curbs
Japan, Netherlands to Join US in Enforcing China Chip Curbs

The Netherlands will restrict ASML from selling advanced chimaking equipment to China, while Japan would impose similar restrictions on Nikon Corp, media reports said

Dutch Officials Head to US For Possible China Chip Curbs Deal
Dutch Officials Head to US For Possible China Chip Curbs Deal

If the two sides can agree on the details, a deal could be announced as soon as Friday, two sources have said

Google Changes Android System in India After Antitrust Ruling
Google Changes Android System in India After Antitrust Ruling

"Implementation of these changes across the ecosystem will be a complex process and will require significant work at our end," Google said in a blog post

ASML’s China Exports ‘Unchanged’ Amid Rising Chip Curbs Worry
80,000 Laid-Off Indian IT Workers Scramble to Stay in US – Mint
Indian Billionaire Adani Says He’s Addicted to ChatGPT – CNN
Amazon Launches Air Cargo Service in India as Online Sales Jump
Apple ‘to Raise India Production to 25%’ in Retreat From China
Taiwan Urged to Forge Closer Ties With NATO – Focus Taiwan
India Orders YouTube, Twitter to Cut Links to BBC Report – Wire

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