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Latest: Fintech News

Crypto Ban On The Table In Hong Kong Regulator Probe
Crypto Ban On The Table In Hong Kong Regulator Probe

Hong Kong’s Monetary Authority is canvassing views on rules for crypto assets and says it could take no action at all – or ban cryptocurrencies and stablecoins altogether

China’s Cabinet Plan To Boost Scale Of Digital Economy
China’s Cabinet Plan To Boost Scale Of Digital Economy

China's cabinet issued a plan on Wednesday for development of its digital economy, aiming to increase this sector's share of national GDP by pushing tech like 6G and big data centres

India’s Infosys Lifts Forecast As Digital Shift Fuels IT Demand
India’s Infosys Lifts Forecast As Digital Shift Fuels IT Demand

India's Infosys posted a 12% jump in quarterly profit and bumped up its revenue forecast on strong demand for its software services from businesses accelerating their digital transformation

US Judge Rejects Facebook Bid to Cancel Antitrust Suit
PBOC Fines Bank of East Asia Unit $2.6m Over Data – Caixin
NFT Sales Near $25bn As Virtual Art Becomes The Real Deal
India To Be Major Vodafone Idea Shareholder With 35% Stake
Apple Plans to Allow Alternative Payment Systems in South Korea
Japan Seeks More Chip Tie-ups With Taiwan at Trade Talks
Global Semiconductor Industry Turns Into a Free-for-All – Caixin

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