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Latest: Fintech News

Don’t Throw Coins at Planes, China Airline Warns – Insider
Don’t Throw Coins at Planes, China Airline Warns – Insider

A major airline in China has warned passengers not to throw coins into plane engines after an incident on Hainan Island last week

Many Chinese Carmakers Opening Factories Abroad Despite Rows
Many Chinese Carmakers Opening Factories Abroad Despite Rows

At least five Chinese carmakers are building factories or already producing electric vehicles in other countries around the world, despite friction with local automakers and the threat of tariffs and other reactions

Trump Launched CIA Covert Influence Operation Against China
Trump Launched CIA Covert Influence Operation Against China

Trump’s 2019 order came after years of warnings from US intelligence, and media, on how China was using bribery and threats to obtain support from developing countries in geopolitical disputes

China Says US TikTok Bill an ‘Act of Bullying’ That Will Backfire
US Ready to Ramp Up Investment in Chips, Thailand: Raimondo
Japan’s Space One Rocket Explodes Seconds After Take-Off – JT
US House to Vote on TikTok Divestment, But Senate View Unknown
Intel Can Keep Selling Chips to Huawei Despite AMD Protests
In Manila, Raimondo Promises Chip Fabs and More Curbs on China
TikTok Ban Would Help ‘Enemy of the People’ Facebook: Trump

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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