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Latest: Fintech News

Taiwan to Use Technology to Build Global Ties – FT
Taiwan to Use Technology to Build Global Ties – FT

President Tsai Ing-wen is eyeing a new international relations strategy, which will require a focus on areas such as technology and investment

South Korean Online Shopping Grows 21% – JoongAng Daily
South Korean Online Shopping Grows 21% – JoongAng Daily

According to Statistics Korea, online purchases totalled 192.9 trillion won ($160 billion) in 2021, up 21% from the year before

India Insists on 30% Crypto Assets Tax – The Hindu
India Insists on 30% Crypto Assets Tax – The Hindu

Officials said that even investments in equity and debt instruments on stock exchanges which create value for the economy involve a levy

Crypto Platform Says $320m in Tokens ‘Safe’ Despite Hack
Infineon Reports Higher Chip Sales as it Plans Asia Boost
Putin Stresses China Business Ties in Pre-Visit Statement
Playtech Shareholders Reject $2.8bn Aristocrat Takeover
NFTs Create Money Laundering Opportunities, Report Shows
China Handset Makers Boost Profits at Qualcomm
Indian Policeman Arrested in $40m Crypto Kidnap Plot

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