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Latest: Fintech News

China’s Baidu Laying Off Staff After Third Quarter Loss: Sources
China’s Baidu Laying Off Staff After Third Quarter Loss: Sources

Sources say the company is struggling with intensifying competition in AI from Alibaba and DeepSeek, plus declining ad revenue

Nvidia’s Biggest Chinese Buyer Can No Longer Use Its Chips For AI
Nvidia’s Biggest Chinese Buyer Can No Longer Use Its Chips For AI

TikTok-parent ByteDance bought more Nvidia chips than any other Chinese firm last year. It may have to look elsewhere now to power its data centres

Taiwan May Train US Workers in Chipmaking Under Tariff Deal
Taiwan May Train US Workers in Chipmaking Under Tariff Deal

Taipei could also include support to help Washington build science park infrastructure, drawing on its know-how. Any deal they reach, however, will be under the shadow of growing Chinese aggression

Huge HK Fire Adds to a Bad Day For China’s Property Sector
Powerful Nvidia Chip May Put Chinese Chipmakers in Choppy Waters
US Offering Big Money to Nab Southeast Asian Scam Bosses
Malaysia Says It’ll Ban Social Media For Children From 2026
Nvidia’s Taiwan Supercomputing Centre Ready H1 2026: Foxconn
US ‘Likely To Delay’ Chip Tariffs To Keep China Ties Calm
China Ramps up Trade Pressure on Japan Over Taiwan Remark

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