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Latest: Fintech News

Hong Kong Regulators to Review Products – Standard
Hong Kong Regulators to Review Products – Standard

The review will focus on intermediaries' policies, procedures, systems and controls, as well as oversight of the distribution of popular products

China’s 51job Agrees to $4.3bn Buyout – Business Times
China’s 51job Agrees to $4.3bn Buyout – Business Times

An investor group backed by DCP Capital Partners and Ocean Link Partners reached a deal to buy the Nasdaq-traded firm for $61 per American depositary share

Philippines GDP to Gain $34bn from Meta Deals – Manila Bulletin
Philippines GDP to Gain $34bn from Meta Deals – Manila Bulletin

Meta said its investments are seen to expand broadband capacity for people and businesses in developed and emerging markets over coming years

China Can’t Take Place of SWIFT System, Analysts Say
Russia’s FESCO to Accept Yuan Payments as Sanctions Bite
Japan’s Fujimi to Restart Production After Cyberattack
China to Approve Third Group of Localities for Digital Yuan Trials
Singapore Orders Mass Block of Illegal Streaming Sites
SC Capital Partners to Develop Asian Data Centres
R3, Hong Kong’s Cyberport to Push CBDC Technology

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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