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Latest: Fintech News

China Crypto Investors Hide Land Deals in Japan: Asahi
China Crypto Investors Hide Land Deals in Japan: Asahi

Company had annual sales of 10 million yen but tax officials discovered huge amounts of cash going in and out of its accounts

Alibaba’s Singles’ Day Growth Lowest Ever: SCMP
Alibaba’s Singles’ Day Growth Lowest Ever: SCMP

Chinese e-commerce giant records $84.5 billion in gross merchandise sales, but growth was lowest since the shopping event was created in 2009

How Binance Became Biggest Crypto Exchange: WSJ
How Binance Became Biggest Crypto Exchange: WSJ

Financial giant towers over the digital currency world, a crypto equivalent of the London, New York and Hong Kong stock exchanges combined

Indonesia’s GoTo Valued at $28.5bn on $1.3bn Pre-IPO Funding
Apple Boss Joins Crypto Bandwagon: The Times
Tencent Growth At 17-Year Low After Regulatory Onslaught
SE Asia Internet Economy to Hit $1tn by 2030, Says Report
TSMC Plant Won’t be Cutting-Edge: Japan Times
PBoC Working on Digital Yuan Issues: Securities Times
Unity Buys Studio Behind ‘Lord of the Rings’: WSJ

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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