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Latest: Fintech News

Microsoft To Shut Down LinkedIn In China As Crackdowns Bite
Microsoft To Shut Down LinkedIn In China As Crackdowns Bite

The platform was the only major US-owned social network operating in the country, where Beijing demands they obey strict rules and regulations

TSMC Unveils Japan Chip Plant Plan, Flags ‘Tight’ Capacity
TSMC Unveils Japan Chip Plant Plan, Flags ‘Tight’ Capacity

New factory likely to use older chipmaking equipment to hasten opening and begin easing global semiconductor shortage

Hyundai Motor Aims To Develop Its Own Chips
Hyundai Motor Aims To Develop Its Own Chips

Hyundai temporarily suspended work in some factories, but now wants to develop its own chips to reduce reliance on chipmakers to prevent supply problems in the future.

Alibaba Founder Jack Ma Reappears In Hong Kong
China Already Outflanks US in AI, Says Ex-Pentagon Tech Chief
No Let up in China’s Aim to Curb Tech Monopolies: PBoC Chief
China Proposes Adding Cryptocurrency Mining to Blacklist
TSMC, Sony Said to be Considering Joint Chip Factory
Mobikwik Poised For Up To $1.7bn Valuation in India IPO
TSMC ‘Won’t Give Company Secrets’ To US Chips Crisis Probe

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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