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Latest: Fintech News

Shell Companies Are ‘Getaway Cars,’ Dirty Money Watchdog Says
Shell Companies Are ‘Getaway Cars,’ Dirty Money Watchdog Says

Head of the Financial Action Task Force says countries around the world must eliminate the problem of shell companies - or face greater monitoring. Countries in SE Asia seen as likely targets.

Trump Will Ask Supreme Court to Allow Tariffs After Legal Setback
Trump Will Ask Supreme Court to Allow Tariffs After Legal Setback

Investors and officials in other countries have been confused about the status of Trump's tariffs after a Federal Appeals Court ruled that they were could not be filed under an emergency powers bill

US Ends Chip Waiver For TSMC To Supply Its Chinese Fabs
US Ends Chip Waiver For TSMC To Supply Its Chinese Fabs

The Donald Trump administration is revoking Biden-era waivers granted to TSMC and South Korean chipmakers to ship critical supplies to their Chinese fabs — a move that some say is a ‘gift’ to Beijing

Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP
India to Overhaul its GST, Slash Levies on Small Cars, Electronics
Indian Billionaire Ambani Plans Huge Reliance Jio IPO in Mid-2026
Putin Seen Seeking More Help From Xi to Curb Russian Trade Fall
Japan Wants Issues Sorted Before Trade Rep Seals Big Tariff Deal
Three People Charged in Taiwan for Theft of TSMC Chip Secrets
Trump’s 50% Tariffs on Indian Imports Hits Jobs, Bilateral Ties

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