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Latest: Fintech News

Underwater Drone Deal as Australia Ramps up Maritime Defences
Underwater Drone Deal as Australia Ramps up Maritime Defences

German AI defence group Helsing to acquire Australian underwater drone maker, as Western nations expand maritime defence systems

China Bought $40bn Advanced Chip Tools Despite Curbs: US Lawmakers
China Bought $40bn Advanced Chip Tools Despite Curbs: US Lawmakers

Lawmakers say inconsistencies in rules issued by the US and its allies have allowed Chinese firms to acquire sophisticated chipmaking tools from non-US suppliers

Renewables Top Coal Power for First Time in First Half of 2025
Renewables Top Coal Power for First Time in First Half of 2025

"Spectacular" growth of solar power helped renewable sources generate more energy than coal and fossil fuels in the first half of this year, a new report says

AI Data Centres Spark Fears on Memory Storage Devices – TH
Nikkei Soars, Yen Sinks After Takaichi Picked as Japanese PM
China’s ‘Tech Economy’ Outshining Its Cloudy Growth Outlook
Indian Central Bank to Ease Foreign Borrowing Rules for Firms
Indonesia Suspends TikTok Registration ‘For Data Sharing Failures’
After 5-Year Freeze, India and China Set to Restart Direct Flights
Donald Trump Jr Buoys Enthusiasm at Singapore’s Big Crypto Meet

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