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Latest: Fintech News

UAE Telecom Firm e& Acquires $4.4bn Stake in Vodafone
UAE Telecom Firm e& Acquires $4.4bn Stake in Vodafone

e& says it seeks to gain "significant exposure to a world leader in connectivity and digital services", adds it has no intention of making an offer for the whole of Vodafone

Nomura Offers Bitcoin Derivatives as Crypto Pares Back Losses
Nomura Offers Bitcoin Derivatives as Crypto Pares Back Losses

Many global investment banks have been looking to offer clients more crypto related services, responding they say to demand from institutional investors

5G Trailblazer South Korea Waits For Demand to Catch Up
5G Trailblazer South Korea Waits For Demand to Catch Up

Some 45% of the country's people are now on 5G, but telecom firms have not been willing to invest in the fancier technology that would ramp speeds by 20 times over 4G technology

China’s SMIC Posts Record Quarterly Revenue Amid Chip Shortage
Arcadis Building EV Charging Factory for Wallbox in Texas
Hong Kong to Overhaul Its Data System With $132m Contract
Crypto Carnage Continues as Stablecoins Become Untethered
Didi Slashes UK Staff, Delays EU Rollout Until 2025 – Guardian
Asia Tech Stocks Hammered After Nasdaq Slump
Foxconn Sees 5% Profit Rise Despite Lockdowns, Weak Demand

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