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Latest: Fintech News

Russia’s FESCO to Accept Yuan Payments as Sanctions Bite
Russia’s FESCO to Accept Yuan Payments as Sanctions Bite

The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions

Japan’s Fujimi to Restart Production After Cyberattack
Japan’s Fujimi to Restart Production After Cyberattack

Fujimi and its subsidiary in Taiwan manufactures a polishing material integral to chip manufacturing, according to a company statement

China to Approve Third Group of Localities for Digital Yuan Trials
China to Approve Third Group of Localities for Digital Yuan Trials

Applicants include Henan, Fujian and Heilongjiang provinces, and the cities of Guangzhou, Chongqing, Fuzhou and Xiamen, state-backed financial outlet Securities Times reported

Singapore Orders Mass Block of Illegal Streaming Sites
SC Capital Partners to Develop Asian Data Centres
R3, Hong Kong’s Cyberport to Push CBDC Technology
Singapore-Based Volopay Enters Indian Payments Market
Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age
China’s Meituan Cuts Commissions After Regulatory Guidance
Baidu Beats Quarterly Revenue Estimates On AI, Cloud Services

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AF Fintech Insights

Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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