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Latest: Fintech News

WhatsApp Gets Nod to Expand Payments Service in India
WhatsApp Gets Nod to Expand Payments Service in India

The National Payments Corporation of India tells company it can increase the number of users on its payments service to 100 million from 40 million currently

China Regulator Orders Legend to Rectify Disclosure Issues
China Regulator Orders Legend to Rectify Disclosure Issues

Legend failed to file timely, complete and accurate disclosures, the Beijing bureau of the China Securities Regulatory Commission said

China Slams Taiwan’s Efforts to Protect Tech Industry
China Slams Taiwan’s Efforts to Protect Tech Industry

China on Wednesday denounced Taiwan's efforts to prevent Chinese companies from poaching talent and stealing chip secrets as a provocative "smear"

How China Videogame Firms Toed Line to End Licence Freeze
Japan Core Machinery Orders Sink to Near Two-Year Low
Australia’s EML Says it Ceased Talks Over Bain Buyout
Coolant Plant Closure Risks Chip Supply – BusinessKorea
Taiwan iPhone Maker Pegatron Halts Work at Two China Plants
Daily Journal Halves Stake in China’s Alibaba as Munger Retires
Unknown Actors Fight Ukraine War on Dark Web – ST

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