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Latest: Fintech News

NetEase’s Online Music Unit Revives IPO Plans: WSJ
NetEase’s Online Music Unit Revives IPO Plans: WSJ

Cloud Village operates a music-streaming platform similar to that of Spotify and was planning to take investor orders in August

Bitcoin Dips Back Under $60,000 As Profit-Takers Pounce
Bitcoin Dips Back Under $60,000 As Profit-Takers Pounce

The crypto has more than doubled in value since June but slipped below the $60k mark for the first time in more than two weeks

Grab Services Hit by Tech Woes in Southeast Asia
Grab Services Hit by Tech Woes in Southeast Asia

Grab operates Southeast Asia's most popular 'super app', providing ride-hailing, food and grocery deliveries, plus payments in eight countries

Blockchain ETFs Buoyed by Crypto Boom, Liquidity, Inflation
Jiangxi Official Censured Over Crypto: Securities Times
US Companies Aid China Chip Dominance: WSJ
Vodafone Idea Loss Narrows in 2nd Quarter: The Hindu
China Crypto Investors Hide Land Deals in Japan: Asahi
Alibaba’s Singles’ Day Growth Lowest Ever: SCMP
How Binance Became Biggest Crypto Exchange: WSJ

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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