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Latest: Fintech News

Hope of US Audit Deal for Chinese Stocks After Delisting Threat Sparks Selloff
Hope of US Audit Deal for Chinese Stocks After Delisting Threat Sparks Selloff

The statement follows the US Securities Exchange Commission (SEC) identification of five Chinese stocks that will be delisted if they do not provide access to audit documents

China Says US Launching Cyberattacks in Invasion’s Wake
China Says US Launching Cyberattacks in Invasion’s Wake

An analysis revealed that most of the source addresses were in the US, with a small number from Germany, the Netherlands and other countries

Moscow Slams Facebook ‘Extremism’ as it Readies New Assault
Moscow Slams Facebook ‘Extremism’ as it Readies New Assault

Washington's moves to tighten the screws on Moscow come as US and European officials accuse Russia of war crimes over its bombardment of civilians in Ukrainian cities

Pakistan Struggles to Attract Saudi Arabian Investment
Insurer AIA Launches $10bn Share Buyback on Robust 2021 Growth
Toyota Cuts Domestic Output by up to 20% From Earlier Plan
South Korea Posts Trade Deficit as Commodity Prices Soar
New App Tracks Indonesian Minerals – Jakarta Globe
Taiwan Invests in Next Generation With Slew of Chip Schools
KOSPI Jumps on Hope of Market Reforms by New President

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