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Latest: Fintech News

China’s Tencent Buys Stake in UK Digital Bank Monzo
China’s Tencent Buys Stake in UK Digital Bank Monzo

Funding comes just weeks after Monzo fetched a valuation of $4.5 billion

CES to End Sooner than Planned Amid Omicron Surge
CES to End Sooner than Planned Amid Omicron Surge

The global technology and gadget show will now end on January 7

India Watchdog Orders Apple Probe Over App Abuse Claims
India Watchdog Orders Apple Probe Over App Abuse Claims

Competition Commission of India says US tech giant has a case to answer over its 30% in-app fee which opponents say is a barrier to market entry

Israel’s eToro Valuation Dips 15% After Amended SPAC Deal
HSBC to Assume 100% Ownership of China Insurance Unit
Mizuho Suffers New Technical Glitch Despite Overhaul
Angry Women Force Change at Troubled Indian iPhone Plant
SK Hynix Completes First Phase of $9bn Purchase of Intel Unit
SenseTime Shares Jump 23% in Hong Kong Debut
Tsinghua Unigroup Says Creditors Back Restructuring Plan

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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