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Latest: Fintech News

Japan’s Renesas, India’s Tata Elxsi Partner In EV Design Hub
Japan’s Renesas, India’s Tata Elxsi Partner In EV Design Hub

Japanese chipmaker Renesas Electronics said on Thursday it will set up a design centre with Tata Elxsi to jointly develop electric vehicle technology as the appetite for EVs grows

Accel Launches $650m VC Fund for India, Southeast Asia
Accel Launches $650m VC Fund for India, Southeast Asia

Flipkart and Freshworks are two early Accel investments in India that have gone on to become iconic companies

China Won’t Gain From Russia Alliance, Economists Say
China Won’t Gain From Russia Alliance, Economists Say

As Moscow stands to lean more on China as a trading partner, Chinese companies are likely to take market share from western suppliers

Hong Kong Regulators to Review Products – Standard
China’s 51job Agrees to $4.3bn Buyout – Business Times
Philippines GDP to Gain $34bn from Meta Deals – Manila Bulletin
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

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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