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Latest: Fintech News

EU MP: TikTok CEO ‘Must Explain Role in Romanian Poll’ – Politico
EU MP: TikTok CEO ‘Must Explain Role in Romanian Poll’ – Politico

EU shocked after TikTok campaign backed by 'thousands' of fake accounts allegedly helps unknown pro-Russian candidate to a first-round win

Nvidia Holds Talks With China Even As New US Chip Curbs Loom
Nvidia Holds Talks With China Even As New US Chip Curbs Loom

Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country

Huawei Breaks Away From US Tech With New Mate 70 Smartphone
Huawei Breaks Away From US Tech With New Mate 70 Smartphone

The Chinese tech giant's latest smartphone series, Mate 70, is equipped with a homegrown 5G chip and its own operating system HarmonyOS Next

US to Review Ties With Hong Kong Banks, ‘City Now a Crime Hub’
China Gives Its Tech Giants 3 Months to Fix Algorithm Issues
Japanese Competition Officials Raid Amazon Japan, Source Says
Bangladesh Wants Legal Help For Probe Into Adani, Power Deals
US Seeks Review, Changes to Undersea Telecom Cable Rules
China’s Huawei, SMIC ‘to Ramp Production’ of Newest AI Chip
Chinese Vessel Suspected of Cutting Baltic Subsea Cables

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