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Latest: Fintech News

New US Probe Announced Into China’s Legacy Chips
New US Probe Announced Into China’s Legacy Chips

Investigation aims to counter 'unfair' practices and stymie China's plan to dominate global production of chips, US Trade Rep says. "Trump can decide" on possible fourth wave of chip tariffs

Vietnam Set to Start First Rail Link to China, PM Says
Vietnam Set to Start First Rail Link to China, PM Says

PM says Vietnam will start work on a high-speed rail link from Haiphong port to China, while the southern business hub Ho Chi Minh opens its first metro line

China Cybersecurity Body Says US Hack Stole Tech Secrets – SCMP
China Cybersecurity Body Says US Hack Stole Tech Secrets – SCMP

The claim comes at a time when US security agencies and officials have accused Chinese hackers of infiltrating multiple US telecom providers and stealing huge amounts of data

Nvidia Looking Into How Its Chips Ended Up In China
Apple ‘Discussing AI Rollout in China With Tencent, Bytedance’
India Looking at Possible Trade Deal With Trump, Sources Say
Can Donald Trump Save TikTok From a Ban in the US?
Congress to Vote on New Curbs on US Investment in China
US Officials Told: Use Encryption to Avoid Chinese Phone Hacks
Hong Kong Gives Green Light for Four More Crypto Exchanges

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