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Latest: Fintech News

US Extends China Chip Curbs to Macau Over Tech Diversion Risk
US Extends China Chip Curbs to Macau Over Tech Diversion Risk

Macau has been a Special Administrative Region of China since 1999 when its Portuguese administration returned it to Chinese sovereignty

Macau Junket King Alvin Chau Gets 18 Years For Casino Crimes
Macau Junket King Alvin Chau Gets 18 Years For Casino Crimes

Local court finds Suncity casino executive guilty of running a vast criminal syndicate, enabling illegal gambling, fraud and a notorious 'under-the-table' gambling scam

Netherlands to Consult Japan, Taiwan on US-China Chip Curbs
Netherlands to Consult Japan, Taiwan on US-China Chip Curbs

A top Dutch official said the US had 'justified worries' about over-reliance on Asia but the country 'won't sign on the dotted line' without consulting its allies

Activision Blizzard Looking for New Gaming Partner in China
Taiwan Chipmaker UMC Halts Capital Spending as Demand Slips
US-China Rivalry May Spur Decoupling of Chip Sector – BBC
China Ride-Hailing Group Didi Allowed to Register New Users
Bitcoin Passes $20,000 Mark for First Time in 2 Months
China’s TikTok Fined $5.4m Over Online Tracking Breach
China Seen Allowing Didi Apps Back Online, Amid Regulatory Thaw

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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