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Latest: Fintech News

Indonesia’s GoTo Sets $1.1bn IPO Fundraising Target
Indonesia’s GoTo Sets $1.1bn IPO Fundraising Target

GoTo, formed last year by the merger of Gojek and Tokopedia, surprised some investors when it launched its IPO process earlier this month

Japan Moves to Secure Vital Materials Over War Shortages
Japan Moves to Secure Vital Materials Over War Shortages

The actions include support to boost domestic production, alternative procurement and to help technological developments to reduce use of the materials

Chubb Buys Dual’s Regional Assets – Insurance Business Asia
Chubb Buys Dual’s Regional Assets – Insurance Business Asia

Insurance giant Chubb will be purchasing the firm’s business assets in Hong Kong and Singapore including intellectual property

Pakistan Hopes to Widen Retail Investor Base – Dawn
Axis Bank to Buy Citigroup India Assets for $1.6bn – Mint
US Sanctions Slowly ‘Strangling’ Huawei – Light Reading
UK’s Arm Plans to Transfer China JV Shares – FT
Hackers Grab $615m in Project Ronin Crypto Heist
China Plans New Restrictions on Live-Streaming – WSJ
China’s Largest Banks Warn of Multiple Economic Headwinds

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