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Latest: Fintech News

Airbnb Joins Exodus of Western Internet Firms Leaving China
Airbnb Joins Exodus of Western Internet Firms Leaving China

All of Airbnb's 150,000 mainland Chinese listings, homes and experiences, will be taken down by this summer, the group has said

Grab Folds Digital Products Into GrabFin – Straits Times
Grab Folds Digital Products Into GrabFin – Straits Times

The new brand will be rolled out in Singapore and Malaysia, where the firm won digital banking licences, the report said

PE Firm General Atlantic to Invest $2bn in India, Southeast Asia
PE Firm General Atlantic to Invest $2bn in India, Southeast Asia

General Atlantic is in talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, head of its business in India and SE Asia, said

Singapore’s MatchMove Buys Shopmatic in $200m Deal – ST
US Targets Taiwan Tech Tie-Ups as Supply Chain Solution
Apple Looks Outside China as Lockdowns Disrupt Output – WSJ
Crypto Mogul Suffers ‘History’s Biggest Wealth Loss’ – CNW
Elon Musk Twitter Feed ‘Attracts 23% Spam, Fake Account Rate’
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse
US States Ignoring China Cyber Threats, Says Data Group

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