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Latest: Fintech News

China’s Didi Global Fined $1.2 Billion Over Data Breaches
China’s Didi Global Fined $1.2 Billion Over Data Breaches

The announcement on Thursday by the Cyberspace Administration of China followed a year-long investigation into Didi's collection and use of its customer data

US May Slip Into Recession if Taiwan Chip Link is Cut – CNBC
US May Slip Into Recession if Taiwan Chip Link is Cut – CNBC

The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry

South Korea Sets 50% Localisation Target for Chipmakers
South Korea Sets 50% Localisation Target for Chipmakers

Samsung and SK Hynix are already among the world's top semiconductor brands, but President Yoon seeks to bolster supply chain stability and resources

South Korean Investigators Raid Crypto Exchanges in Luna Probe
Scandal-Hit Chinese Banks’ Customers Win New Repayments
Tencent to Shut Down Another NFT Platform – Jiemian.com
Baidu Unveils Autonomous Robotaxi as GM, Ford Seek US Permits
US Advances Bill With $52 Billion Subsidies for Chipmakers
Twitter Wins Bid to Fast-Track Case Against Elon Musk
Singapore Defends Crypto Regime After Three Arrows Collapse

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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