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Latest: Fintech News

Taiwan Fines Foxconn T$10 Million Over China Investment
Taiwan Fines Foxconn T$10 Million Over China Investment

Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’

Chinese Suppliers Seek Partners to Make iPhones in India – ET
Chinese Suppliers Seek Partners to Make iPhones in India – ET

India gives green light for 14 Chinese manufacturers to form JVs with Indian firms to set up facilities that supply parts to Apple, to boost iPhone and electronics production

India Moves to Ban ‘Fake’ News in Latest Tech Crackdown
India Moves to Ban ‘Fake’ News in Latest Tech Crackdown

Once information is ruled as fake, social media platforms will have to ensure users do not publish or share it, the draft legislation proposes

Chinese State to Launch Ride-Hailing, Transport Platform
Cryptocurrency Exchange Coinbase to Stop Operations in Japan
Tech Supply Chains Will Shape Politics For Decades: Intel – CNN
US Extends China Chip Curbs to Macau Over Tech Diversion Risk
Macau Junket King Alvin Chau Gets 18 Years For Casino Crimes
Netherlands to Consult Japan, Taiwan on US-China Chip Curbs
Activision Blizzard Looking for New Gaming Partner in China

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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