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Latest: Fintech News

India Tells People To Shun Musk’s Starlink Till It Gets Licence
India Tells People To Shun Musk’s Starlink Till It Gets Licence

A government statement issued late on Friday said Starlink had been told to comply with regulations and refrain from booking satellite internet services in India immediately

China Regulators Seen Pushing Didi To Delist In US
China Regulators Seen Pushing Didi To Delist In US

Beijing is pressuring the ride-hailing firm to ditch the NYSE over data security fears, it’s claimed, ahead of a China bourse relaunch

Most Crypto Trades Were People Buying From Themselves: Study
Most Crypto Trades Were People Buying From Themselves: Study

Researchers in study of 29 exchanges found significant “wash trading”, where an investor sells and buys the same asset to create artificial interest in an investment

UMC and Micron Settle US-China Trade Secrets Dispute
Philippine Officials Pursue Japanese Investment
China’s SOEs Limit Use Of Tencent App Weixin: WSJ
Taiwan Looks At Chip Cooperation With EU States
DBS Bank Denies Myanmar Bond Link to Online Services Outage
Apple Warns Thais of iPhone Attacks: Bangkok Post
Jack Ma’s Ant Group Rebrands Some Credit Offerings: 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