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Latest: Fintech News

Indonesia’s GoTo Sells Stake in Philippines E-wallet Outfit
Indonesia’s GoTo Sells Stake in Philippines E-wallet Outfit

GoTo calls a halt on planned Philippines expansion with Coins.ph investment after it failed to earn ride-hailing licence

Musk Discloses 9.2% Stake in Twitter Sending Shares Soaring
Musk Discloses 9.2% Stake in Twitter Sending Shares Soaring

Tesla chief executive Elon Musk has built a 9.2% holding in Twitter, a regulatory filing showed on Monday, sending the micro-blogging site's shares soaring

Taiwan Keen to Build Drone Fleet After Ukraine War – SCMP
Taiwan Keen to Build Drone Fleet After Ukraine War – SCMP

Taiwanese President Tsai Ing-wen has said the island will ramp up the development of drones, after seeing how they had helped Ukraine resist the Russian invasion

Nearly Half Crypto Owners First Bought Digital Assets in 2021
Indian Crypto Exchanges See Decline in Volumes – BS
China Expands Digital Yuan Pilot Scheme to More Cities
India’s Vishal Malhotra Makes Asia’s First NFT-Funded Movie
Chinese Trade With Russia Feels Sting of Ukraine, Sanctions
Australian Tower Network Buys Rival Axicom for $2.67bn
RBA Names First Woman to No. 2 Post as Rate Rises Loom

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