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Latest: Fintech News

Apple’s Chinese Engineers Keep Production Humming – WSJ
Apple’s Chinese Engineers Keep Production Humming – WSJ

The power transfer puts the spotlight on the growing expertise of the local workforce, though major decisions and key tasks are still undertaken at Apple's headquarters in California

Crypto Fear and Greed Index Now in ‘Extreme Fear’ Territory
Crypto Fear and Greed Index Now in ‘Extreme Fear’ Territory

Bitcoin has lost 15% of its value in the past five days, is off 21.2% over the past month, and has plunged 29.4% so far this year.

US May Screen Tech Startups Amid China Warning – WSJ
US May Screen Tech Startups Amid China Warning – WSJ

A study gave instances of participants winding up US companies, participating in China's talent programmes and working at entities aiding the People's Liberation Army

China Using 3D Printing to Build Tibet Dam – SCMP
Indian-Owned Technology Firms Post Sharp Growth in UK
Singapore’s OCBC in Deal to Offer Tokenised Carbon Credits
China Restricts Livestreamers, Bans Underage Tipping
Sri Lanka Streets Calm After State of Emergency Declared
Singapore SPAC Plans to Invest $115m in Tech Startups
Nvidia to Pay $5.5m Penalty Over Chips’ Use in Cryptomining

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