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Latest: Fintech News

North Korean Hackers Steal $400m in Crypto Attacks
North Korean Hackers Steal $400m in Crypto Attacks

Attacks targeted investment firms and centralised exchanges, and made use of phishing lures, code exploits, malware and social engineering

Citigroup to Sell Southeast Asia Units to UOB for $3.6bn
Citigroup to Sell Southeast Asia Units to UOB for $3.6bn

The deal includes retail banking and credit card businesses, but excludes the bank’s institutional businesses in all four countries

Restaurant Review Site Reveals Algorithm – Mainichi
Restaurant Review Site Reveals Algorithm – Mainichi

The crowd-sourced website, Tabelog, is operated by Tokyo-based Kakaku, and initially refused to disclose its algorithm

Four Things to Know After the Crypto Crash Carnage
TSMC Posts Record Quarterly Profit Amid Chip Shortage
Coinbase Buys Futures Exchange in Crypto Derivatives Push
Tokyo to Set Conditions for Chip Plants – Japan News
Crypto Ban On The Table In Hong Kong Regulator Probe
China’s Cabinet Plan To Boost Scale Of Digital Economy
India’s Infosys Lifts Forecast As Digital Shift Fuels IT Demand

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