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Latest: Fintech News

Shock Absorbers Help Taiwan Chip Plants Avoid Quake Damage
Shock Absorbers Help Taiwan Chip Plants Avoid Quake Damage

The island's highly valuable chip factories were spared thanks to quakes occurring in areas away from chip foundries, plus modern design safety features, according to TrendForce

Indonesia Passes Long-Debated Data Protection Bill
Indonesia Passes Long-Debated Data Protection Bill

The bill authorises the president to form an oversight body to fine data handlers for breaching rules on distributing or gathering personal data

Activists Worried as China Shares CCTV Tech Across Asia – ST
Activists Worried as China Shares CCTV Tech Across Asia – ST

Chinese surveillance technologies and tactics are being rolled out in more than 50 countries, including facial recognition CCTV and social media bans, The Straits Times said

China Microchip Firms Shutting Down at Record Rate – SCMP
Biden Orders Alert on Deals in Areas of Key China Interest
Ethereum ‘Merge’ Upgrade Cuts Coin’s Energy Use by 99.9%
TikTok Won’t Vow to Stop Sharing US Data to China – CNN
China Planning Ten-Fold Increase in Some Cyber Law Fines
South Korea Fines Google, Meta $72m for Privacy Violations
Twitter Has a Chinese Spy, Says Its Former Security Chief

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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