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Latest: Fintech News

Chinese PM’s Australian Tour Highlights Critical Minerals Race
Chinese PM’s Australian Tour Highlights Critical Minerals Race

Li Qiang ended his four-day trip to Australia on Tuesday with a visit to a lithium processing plant, after embassy officials 'clumsy' bid to hide jailed journalist from cameras

US House Backs Ban on Drones Made by China’s DJI – TH
US House Backs Ban on Drones Made by China’s DJI – TH

US lawmakers have backed a bill that would ban the sale of drones made by China's DJI, but the move still needs to be assessed by the US Senate

US Trade Groups Want a Hearing on Biden’s China Tariffs Hike
US Trade Groups Want a Hearing on Biden’s China Tariffs Hike

Pro-trade business groups have appealed for a 30-day extension for the period allowed for public feedback and a hearing to be held on the proposed hikes; that could delay the date they are implemented

Returns From AI Projects ‘Dismal’, Survey Finds – Register
Chinese PM Stirs European Anxiety During Visit to New Zealand
Russia Halts Trade on Main Bourse After Latest US Sanctions
AI Candidate, YouTube Prankster Run in UK Election – Wired, BBC
European Farmers Fear Trade War With China Over EV Tariffs
India’s Richest Man Beats Musk in Race for Satellite Internet
Hong Kong, UAE Firms Hit With Sanctions for Russian Gold Deals

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