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Latest: Fintech News

China’s JD.com Warns of Tougher Second Half
China’s JD.com Warns of Tougher Second Half

Chinese e-commerce giant says annual active customer accounts increased by 25% to 552.2 million in the year to September 30

Global Trade Finance Needs Reform, Says New Report
Global Trade Finance Needs Reform, Says New Report

Financial institutions are a critical facilitator of global trade with 40% of goods being supported by bank-intermediated trade finance - but micro and small businesses are missing out

Paytm’s Shares Plunge 27% On Indian Exchange Debut
Paytm’s Shares Plunge 27% On Indian Exchange Debut

Paytm stock lists on NSE at Rs1,950 ($26.28) against its issue price of Rs2150 ($28.98) apiece before crashing

Huawei Vows to Power Asean’s Digital Economy: Bangkok Post
Goodbye, Staples Center. Hello, Crypto.com Arena: LA Times
China Planner Reaffirms Crypto Mining Bans: Securities Times
Gaming Company Razer Explores Take-Private Deal
Australian Watchdog Warns over ‘Finfluencers’: The Age
NetEase’s Online Music Unit Revives IPO Plans: WSJ
Bitcoin Dips Back Under $60,000 As Profit-Takers Pounce

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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