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Latest: Fintech News

Kakao Co-CEO Resigns After Public Fury Over Service Outage
Kakao Co-CEO Resigns After Public Fury Over Service Outage

"Rather than staying in that role, I recognise the gravity of this situation," former Kakao chief Namkoong Whon said

Russian Electronics Firms Hit by ‘Dud Chips’ from China – Register
Russian Electronics Firms Hit by ‘Dud Chips’ from China – Register

The share of defective micro-circuits and components in deliveries to Russian companies from China has increased from 2% to 40% since the invasion in Ukraine, a local report says

The E-Rupee: India Plans Its Own Digital Currency – Nikkei
The E-Rupee: India Plans Its Own Digital Currency – Nikkei

The Reserve Bank of India said in a paper this month that the 'e-rupee' will have "limited pilot launches" next fiscal year, Nikkei said.

Key Chip Supplier ASML Says No Hit From US China Sanctions
Cisco Gear Sent to Russia via China, Other States – MarketWatch
Australia, Singapore Agree New ‘Green Economy’ Deal
Xi’s Focus on Tech Points to ‘Rejig of China’s Chip Strategy’
Xi Puts Tech First in China’s Development Goals – SCMP
US Tech Boosted China’s Hypersonic Missile Projects – WaPo
Kakao Shares Slump After Service Blackout Erodes Trust

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