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Latest: Fintech News

SK Group’s $22bn US Chips, Energy, Bioscience Investment Plan
SK Group’s $22bn US Chips, Energy, Bioscience Investment Plan

South Korean conglomerate has already committed $7bn to build two new gigafactories in Tennessee and Kentucky in joint venture with Ford

Ant Executives Sever Ties With Alibaba After China Crackdown
Ant Executives Sever Ties With Alibaba After China Crackdown

Seven executives of Ant have left the Alibaba Partnership, the body that elects the e-commerce giant's board, following a demand by regulators that the two tech giants be 'decoupled'

Thailand Looks Into Losses by Zipmex Crypto Exchange Users
Thailand Looks Into Losses by Zipmex Crypto Exchange Users

Thailand's Securities and Exchange Commission has asked Zipmex users to submit information via an online forum on how they were affected by problems at the crypto exchange platform

Intel to Fabricate Chips for Taiwanese Firm MediaTek
Investments in Chinese Startups Plunge to an 8-Year Low – Nikkei
FBI Found Huawei Gear Near US Bases Could Disrupt Nukes – CNN
China Pledges Privacy Protection to Push Digital Yuan
Chinese Banks Probe Begins Disciplinary Action Over Fraud
Japan to Create Ministry to Promote Startups, Says PM
Singapore Plant Food Startup Next Gen Expands Into Germany

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