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Latest: Fintech News

KOSPI Jumps on Hope of Market Reforms by New President
KOSPI Jumps on Hope of Market Reforms by New President

Platform companies Naver and Kakao surged 8.54% and 8.58%, respectively, their sharpest gains in nearly two years, on hopes that Yoon will help remove regulatory hurdles for operators

Ukraine Asks Vietnam, Central Asia to Ban Russia Payments
Ukraine Asks Vietnam, Central Asia to Ban Russia Payments

The National Bank of Ukraine said it had asked the banks to stop accepting Mir cards in their ATMs and to make it impossible to use these cards

Singapore Fintech Cake Launches $100m Venture Capital Arm
Singapore Fintech Cake Launches $100m Venture Capital Arm

The unit said it is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, NFT, blockchain and e-sports

Transition to EVs Needs Worker, Climate Safeguards, Says Panel
Taiwan Raids Chinese Tech Firms Over Poaching – Nikkei Asia
Islamabad, US to Reinvigorate Trade – Radio Pakistan
Apple’s 5G iPhone SE Will Boost Asia Appeal, Say Analysts
US Says Asia-Based Siblings Created $124m Crypto Fraud
China Factory Prices Ease in February, All Eyes on Commodities
Asia Match-Fixing Creates Risks for Global Sports Integrity

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