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Latest: Fintech News

Mexico Approves Big Tariff Hikes on Chinese, Other Asian Imports
Mexico Approves Big Tariff Hikes on Chinese, Other Asian Imports

Move will raise or impose new duties of up to 50% on goods such as autos, auto parts, textiles, clothing, plastics and steel from states without trade deals with Mexico

China’s ZTE Shares Sink on Report of $1bn Fine to US For Bribery
China’s ZTE Shares Sink on Report of $1bn Fine to US For Bribery

ZTE, which paid $2bn in penalties to the US for export violations in Trump's first term, has faced years of probes into alleged bribes for telecom deals

IMF Tells China: Cut Exports, Lift Consumption, ‘Let Zombies Go’
IMF Tells China: Cut Exports, Lift Consumption, ‘Let Zombies Go’

IMF chief urges China to make brave choices: focus on market forces and reforms that lift consumption, cut export reliance, ease trade tensions, and let property 'zombies' fall

Amazon, Microsoft Set to Spend Over $50 Billion on AI in India
Australia Begins Teen Social Media Ban, But is it Really the First?
China ‘Looks to Limit Sales’ of Nvidia’s H200 Hours After Trump Nod
US Fears China’s Genomics Giant BGI Could Surpass Huawei
US Lawmakers Move to Block Trump Easing China Chip Curbs
China Chip Designer Moore Threads Soars 500% in Shanghai IPO
China Says It’ll Approve Rare Earth Licences For ‘Civilian Use’

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