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Latest: Fintech News

CCP Asked Elon Musk Not to Sell Starlink in China – The Verge
CCP Asked Elon Musk Not to Sell Starlink in China – The Verge

Chinese officials clearly disapproved of Starlink's rollout in Ukraine and 'sought assurances' that Musk would not sell access to the internet service in China, report said

China Approves Fund Targeting Korean, Local Chipmakers
China Approves Fund Targeting Korean, Local Chipmakers

Huatai-PineBridge applied for an ETF to invest in top Korean chip firms such as Samsung and SK Hynix, as well as Chinese chipmakers like SMIC and Montage Technology

Singtel Unit Hit by Cyber Attack Weeks After Optus Breach
Singtel Unit Hit by Cyber Attack Weeks After Optus Breach

Singtel unit Dialog said it realised a small sample of its data, including some employee personal information, had been published on the dark web

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
China Warns US Chip Tech Export Curbs Will ‘Backfire’
Crypto Hackers Steal $100m in Binance Tokens
Malaysia Turns to Tech to Solve Palm Fruit Labour Shortage

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