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Latest: Fintech News

China-Indonesia Sign $10bn in Deals on EVs, Batteries, Solar
China-Indonesia Sign $10bn in Deals on EVs, Batteries, Solar

Battery materials firm GEM in deal with PT Vale Indonesia on a plant to secure nickel, while Tencent and Alibaba will develop cloud infrastructure. Jakarta gave no ground on China's sea claims.

TSMC to Cut Off All Chinese AI Clients From Its Advanced Chips
TSMC to Cut Off All Chinese AI Clients From Its Advanced Chips

The move, which will have far-reaching consequences for China’s semiconductor supply chains and tech giants, came after US officials visited Taiwan last week

Canada Orders TikTok to Shut Offices in the Country – Reuters
Canada Orders TikTok to Shut Offices in the Country – Reuters

The decision comes after last year Ottawa began reviewing TikTok's plan to invest and expand its business in Canada

Concerns Over Trump Cutting Bilateral Meetings With China
Hang Seng Sinks, Nikkei Jumps as Investors Bet on Trump Trades
Trump Will Have Big Impacts on Trade, Climate Change, EVs
China Facing More Trade Rivalry as Trump Claims Poll Win
Meta Hit With $15m Fine From South Korean Data Watchdog
US Chipmaker Fined $500,000 for Chips Sent to China – NYT
Taiwanese Suppliers Shift Factories to SE Asia at SpaceX Request

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