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Latest: Fintech News

US Moves to Stop Chipmaker Nvidia’s $40bn Merger with UK’s Arm
US Moves to Stop Chipmaker Nvidia’s $40bn Merger with UK’s Arm

US regulators file lawsuit to block merger of graphics chip star with mobile chip technology powerhouse Arm, fearing it would undermine competition

China Fines Social Media Firm Douban For Illegal Data Release
China Fines Social Media Firm Douban For Illegal Data Release

The Cyberspace Administration of China said on Thursday it had fined social media company Douban over an unlawful release of information, as Beijing steps up efforts to "clean up" the internet

New Era for Cryptocurrency In India: Explainer
New Era for Cryptocurrency In India: Explainer

The Indian government is set to debate a new law that will regulate digital currencies – and ban most crypto coins. This will hit millions of investors but also pave the way for a digital rupee

SenseTime Delays Rollout of AI Casino: FT
China’s Weibo to Raise $385m in Hong Kong Listing
Prioritise Domestic Chipmakers, Intel CEO Tells US: Nikkei
Ethereum Could Outdo Bitcoin as Inflation Hedge, Study Says
Japan’s New Leaders Urge Faster Pace on Digital Yen
New Zealand Central Bank Looks At Future of Cash
China Releases Big Data Development Plan: Xinhua

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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