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Latest: Fintech News

Toyota to Build Plant in China to Make Luxury EVs – Nikkei
Toyota to Build Plant in China to Make Luxury EVs – Nikkei

Top-selling Japanese carmaker will produce its luxury car brand Lexus at a new plant in Shanghai, Nikkei business daily says

Trying to Restrict China in Chips a Fool’s Errand: Raimondo – WSJ
Trying to Restrict China in Chips a Fool’s Errand: Raimondo – WSJ

“The only way to beat China is to stay ahead of them," US Commerce Secretary Gina Raimondo said in an interview

New US Probe Announced Into China’s Legacy Chips
New US Probe Announced Into China’s Legacy Chips

Investigation aims to counter 'unfair' practices and stymie China's plan to dominate global production of chips, US Trade Rep says. "Trump can decide" on possible fourth wave of chip tariffs

Vietnam Set to Start First Rail Link to China, PM Says
China Cybersecurity Body Says US Hack Stole Tech Secrets – SCMP
Nvidia Looking Into How Its Chips Ended Up In China
Apple ‘Discussing AI Rollout in China With Tencent, Bytedance’
India Looking at Possible Trade Deal With Trump, Sources Say
Can Donald Trump Save TikTok From a Ban in the US?
Congress to Vote on New Curbs on US Investment in China

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