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Latest: Fintech News

Chinese Olympics App Has ‘Devastating’ Flaw, Says Analyst
Chinese Olympics App Has ‘Devastating’ Flaw, Says Analyst

The "simple" flaw is in the encryption of the MY2022 app, which is used to monitor Covid-19 and is mandatory for Games attendees

Singapore E-Commerce Label Races Rivals With AI – Nikkei
Singapore E-Commerce Label Races Rivals With AI – Nikkei

The Singapore-based brand has plans to cement itself as a label dedicated to Asian women anywhere, chief executive Dione Song said

Toyota Expects Production Target Miss as Chip Shortage Drags On
Toyota Expects Production Target Miss as Chip Shortage Drags On

Toyota believes it will not be able to achieve its annual 9-million vehicle production target as it doesn't have enough computer chips to reach that goal

US Seen Examining Alibaba’s Cloud Unit For Security Risks
Starbucks Grows Delivery Services in China with Meituan Tie-up
Apple Sees Best Year in India – Economic Times
Asia Becomes the Epicentre of Global NFT Crypto Craze
China’s Digital Yuan Sees Mass Adoption On App Stores Debut
Singapore Guidelines Discourage Public Crypto Trading
North Korean Hackers Steal $400m in Crypto Attacks

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