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Latest: Fintech News

Artificial Intelligence an ‘Existential’ Threat to China-US Ties – FP
Artificial Intelligence an ‘Existential’ Threat to China-US Ties – FP

Washington and Beijing need to upgrade human-to-human co-operation to avoid AI errors in a high-pressure, low-information military environment

Indonesia to Impose Crypto Taxes From May 1 – ABLJ
Indonesia to Impose Crypto Taxes From May 1 – ABLJ

A law imposing value-added tax and income tax on crypto-asset trade transactions take effect from May 1 in the Southeast Asian country

UK’s Arm Names China Co-CEOs in Bid to End Stand-Off
UK’s Arm Names China Co-CEOs in Bid to End Stand-Off

Arm unveiled its latest micro controller design and two new systems to help reduce development time of the so-called "Internet of Things" of connected devices.

Musk Sells $4bn Tesla Shares After Twitter Bid – CNBC
New Zealand Puts Central Bank Digital Currency Plan on Hold
Apple Says China Output Resuming But Chip Shortage Weighs
Central African Republic Approves Bitcoin as Legal Tender – BBC
China’s Weibo to Fight ‘Bad Behaviour’ by Adding User Location
Huawei Revenues Drop 13.9% as Handset Share Declines
Geely-Owned Volvo Seeks Parts Outside China – FT

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