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Latest: Fintech News

China Slashes Online Gaming to Three Hours a Week for Young People
China Slashes Online Gaming to Three Hours a Week for Young People

Regulators have further reduced the amount of time children under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays

Singapore’s Shopee Changes The Game in Brazil’s E-Commerce Sector
Singapore’s Shopee Changes The Game in Brazil’s E-Commerce Sector

Burgeoning e-commerce group became Brazil's most-downloaded shopping app, luring customers via in-app mini-games that offer coupons to winners

Musk Signals Concern Over Nvidia Deal for UK Chipmaker – Telegraph
Musk Signals Concern Over Nvidia Deal for UK Chipmaker – Telegraph

Multinationals that use a large amount of computer chips are reported to have objected to Nvidia's plan to take over UK chip designer Arm, which is being assessed by regulators at home and abroad

China’s New Data Laws Leave Firms With More Questions Than Answers
SE Asian Tech Dealmaking Booms as Investors Place Post-Covid Bets
UK Regulator Says It’s Unable to Oversee Crypto Exchange Binance: FT
Western Digital and Kioxia Seen In Talks to Create Memory Chip Giant
Art That Doesn’t Really Exist Attracts Huge Sale Prices as Buyers Flip NFTs
SKorean Govt Committee Votes to Curb App Store Commissions by Google, Apple
China’s Critical Data Rules Not Aimed at Firms Planning Foreign IPOs – Regulator

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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