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Latest: Fintech News

Samsung To Pick Taylor, Texas, For $17bn Chip Plant: WSJ
Samsung To Pick Taylor, Texas, For $17bn Chip Plant: WSJ

The world's biggest memory chipmaker has said it is also considering sites in Arizona and New York, but an announcement is expected in Texas shortly.

Bank of Thailand Moves to Ease Debtors’ Woes
Bank of Thailand Moves to Ease Debtors’ Woes

Cross-bank debt consolidation is among a series of measures to help debtors and businesses, who face the worst financial crisis the country has seen since the late 90s

Prosus Profit Up on Tencent Stake, As E-Commerce Loss Grows
Prosus Profit Up on Tencent Stake, As E-Commerce Loss Grows

Group, which owns a $175 billion minority stake in Tencent, posted an 8% rise in first-half trading profit to $2.9bn as revenue rose rapidly in its overall portfolio

Ola Electric Delays E-Scooter Delivery Amid Chip Shortage: BS
Apple Christmas Sales In Asia At Risk of Supply Woes: Nikkei
Global Supply Chain Clogs Are Easing, Led By Asia: WSJ
El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds
India To Consider New Cryptocurrency Tax In Budget: PTI
Australia Calls For Global Rules To Limit Misinformation
Alibaba Shares Plunge 10% After Earnings Slump, Slow Growth Warning

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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