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Latest: Fintech News

Tencent Growth At 17-Year Low After Regulatory Onslaught
Tencent Growth At 17-Year Low After Regulatory Onslaught

The owner of games such as Honor of Kings, PUBG mobile and Clash of Clans has also seen advertising spend fall because of the crackdowns

SE Asia Internet Economy to Hit $1tn by 2030, Says Report
SE Asia Internet Economy to Hit $1tn by 2030, Says Report

Fast growth is due to the region's relatively young population, rapid smartphone usage, increasing urbanisation and burgeoning middle class

TSMC Plant Won’t be Cutting-Edge: Japan Times
TSMC Plant Won’t be Cutting-Edge: Japan Times

The plant in Kumamoto prefecture will focus on producing 22- to 28-nanometre semiconductors, which are critical to the vehicle sector

PBoC Working on Digital Yuan Issues: Securities Times
Unity Buys Studio Behind ‘Lord of the Rings’: WSJ
Bitcoin And Ether Break Records As Crypto Inflows Soar
Tencent And Alibaba Set For Profit Drops As Crackdowns Bite
Buffett-Backed Paytm Kicks Off India’s Biggest IPO
Paytm IPO Opens Today; Valuations Lofty, Say Analysts – Mint
Japan Plans To Subsidise Domestic Chip Output – Nikkei

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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