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Latest: Fintech News

China Export Curbs on Rare Earth Magnets: a Trade War Weapon
China Export Curbs on Rare Earth Magnets: a Trade War Weapon

A licensing system set up by China for exports of rare earth magnets gives it leverage similar to America's chip export controls because of its near-monopoly on the sector.

Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk
Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk

China's failure to lift export curbs on critical minerals, as promised in Geneva, has heightened concerns by carmakers and other firms that rely on rare earths

Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’
Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’

The trade war truce negotiated in Geneva is hanging by a thread, amid reports that China reneged on its agreement to ease export controls imposed on critical minerals.

Carmakers Stressed by China’s Curbs on Critical Mineral Exports
North Korean Phone Appears to Monitor User’s Activity – BBC
Factory Activity in China Slumps to Lowest in Nearly Three Years
Dutch Minister Says China ‘Biggest Threat’ to Chip Tech Secrets
China Happy With US Restrictions on Its Students, Democrat Says
China Denies Trump Claim, Says It Was US That Broke Trade Deal
China ‘Totally Violated’ Tariffs Agreement With US, Trump Says

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