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Latest: Fintech News

China Denies Trump Claim, Says It Was US That Broke Trade Deal
China Denies Trump Claim, Says It Was US That Broke Trade Deal

Commerce ministry says it upheld the trade agreement, while the US launched new "restrictive" measures on chips, software and students - issues the US has said were not in the deal.

China ‘Totally Violated’ Tariffs Agreement With US, Trump Says
China ‘Totally Violated’ Tariffs Agreement With US, Trump Says

US Trade Rep says China was slow to restore access to rare-earth minerals, while Beijing was unhappy about new export controls and other moves imposed by the White House

Shipments of US Ethane to China Face Export Licence Uncertainty
Shipments of US Ethane to China Face Export Licence Uncertainty

The move is the latest disruption in Chinese purchases of US ethane, which hit a record of 492,000 barrels per day in 2024

New Curbs Force Chip Design Software Firm to Halt Work in China
Trump’s Tariffs Reinstated as Appeals Court Pauses Trade Ruling
US Blocks Chip Design Software, Chemical Shipments to China
US Court Ruling Against Trump Tariffs Seen as Temporary Setback
Shein Dumps London IPO, ‘Now Eyeing Hong Kong Listing’
Danes Probe ‘Unexplained’ Parts Found in Solar Systems – PV
Toyota to ‘Shift Some Corolla Production to Britain, Export to US’

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