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Latest: Fintech News

Huawei Pays $9.6bn in Dividends to Current and Retired Staff
Huawei Pays $9.6bn in Dividends to Current and Retired Staff

Huawei paid out dividends totalling 61.4 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, a filing with the Shanghai Clearing House shows

Musk Posts Poll for Twitter Edit Button, CEO Says Vote Carefully
Musk Posts Poll for Twitter Edit Button, CEO Says Vote Carefully

Poll comes after Tesla CEO disclosed a 9.2% stake in Twitter earlier in the day, worth nearly $3 billion, that made him the micro-blogging site's largest shareholder

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
Taiwan Keen to Build Drone Fleet After Ukraine War – SCMP
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

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