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Latest: Fintech News

‘Dire Risks’ of Nvidia AI Dominance Sparks US Probe Call
‘Dire Risks’ of Nvidia AI Dominance Sparks US Probe Call

Campaigners are pushing for an antitrust investigation into the tech giant, which claims roughly 80% of the AI chip market, over fears about its power

Foreign Investment in ASEAN Tops China For First Time in Decade
Foreign Investment in ASEAN Tops China For First Time in Decade

Southeast Asia attracted more foreign investment than China in 2023 for the first time in a decade as investors sought to create 'China+1' supply chains and benefits under the RCEP trade deal

Rush for Thailand’s $14-Billion Handout Scheme Hit by Glitches
Rush for Thailand’s $14-Billion Handout Scheme Hit by Glitches

Over 10 million Thais apply to join contentious 'digital wallet' scheme, causing the public registration system to overload on Thursday

Hedge Funds Boost Japan Allocations, China Stocks at 5-Year Low
Surveys Show Chinese Factories Facing Gloomy Outlook Risks
US Forced To Delay Tariff Hikes on Chinese EVs, Batteries, Tech
Samsung Posts 15-Fold Profit Surge on AI Chips Frenzy
Hundreds of Sellers Protest in China Over Temu’s Penalty Policy
China Factory Activity Slips to a Five-Month Low, Survey Shows
New US Chip Equipment Export Rule to Hit Taiwan, ASEAN States

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