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Latest: Fintech News

China to Approve Third Group of Localities for Digital Yuan Trials
China to Approve Third Group of Localities for Digital Yuan Trials

Applicants include Henan, Fujian and Heilongjiang provinces, and the cities of Guangzhou, Chongqing, Fuzhou and Xiamen, state-backed financial outlet Securities Times reported

Singapore Orders Mass Block of Illegal Streaming Sites
Singapore Orders Mass Block of Illegal Streaming Sites

The Coalition Against Piracy brought the court action along with the BBC Studios , Premier League, Discovery, LaLiga and TVB International.

SC Capital Partners to Develop Asian Data Centres
SC Capital Partners to Develop Asian Data Centres

The Asia-Pacific region is experiencing a growing demand for data centres, driven by accelerated digitalisation and increased localisation

R3, Hong Kong’s Cyberport to Push CBDC Technology
Singapore-Based Volopay Enters Indian Payments Market
Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age
China’s Meituan Cuts Commissions After Regulatory Guidance
Baidu Beats Quarterly Revenue Estimates On AI, Cloud Services
Toyota to Restart Production After Cyber Attack on Supplier
Australian Lawsuit Accuses Crown of Money Laundering Breaches

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