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Latest: Fintech News

US Labour Body AFL-CIO Backs Bill on China Competition, Chips
US Labour Body AFL-CIO Backs Bill on China Competition, Chips

The AFL-CIO, which represents 12.5 million workers, said in a letter to lawmakers the bill's $52 billion for chips is critical to "addressing the current chip shortage"

ASEAN Startup Fundraising More Than Doubled in 2021 – Nikkei
ASEAN Startup Fundraising More Than Doubled in 2021 – Nikkei

Experts say the Southeast Asian "gold rush" will continue in 2022, stoking momentum in the region's startup ecosystem

China Chooses 15 Blockchain Tech Pilot Zones
China Chooses 15 Blockchain Tech Pilot Zones

Apart from the pilot zones, 164 entities, including hospitals, universities and companies, were chosen to deploy and test the technology

Singapore Drugmaker Launches Blockchain-Based Verifier
BharatPe Said to Be Terminating Cofounder Ashneer Grover
IndusInd Bank 3rd-Quarter Profit Rises 36% – Times of India
US SEC Approves Blockchain-Backed Stock Exchange
US House Set to Debate Competition Bill Aimed at China
Singapore’s GIC to Invest $525m in 2 Korea Data Centres
Marcelo Claure To Leave SoftBank Group – WSJ

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