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Latest: Fintech News

US Ends Chip Waiver For TSMC To Supply Its Chinese Fabs
US Ends Chip Waiver For TSMC To Supply Its Chinese Fabs

The Donald Trump administration is revoking Biden-era waivers granted to TSMC and South Korean chipmakers to ship critical supplies to their Chinese fabs — a move that some say is a ‘gift’ to Beijing

Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP
Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP

The collapse of a tailings dam at a mine in Zambia run by Sino Metals led to a torrent of toxic material flowing into the Kafue river, creating an environmental disaster

India to Overhaul its GST, Slash Levies on Small Cars, Electronics
India to Overhaul its GST, Slash Levies on Small Cars, Electronics

Delhi finalising large cuts to consumption tax on 175 products, from hybrid cars to consumer electronics to ease the likely fall in exports to the US and lift consumption, sources say

Indian Billionaire Ambani Plans Huge Reliance Jio IPO in Mid-2026
Putin Seen Seeking More Help From Xi to Curb Russian Trade Fall
Japan Wants Issues Sorted Before Trade Rep Seals Big Tariff Deal
Three People Charged in Taiwan for Theft of TSMC Chip Secrets
Trump’s 50% Tariffs on Indian Imports Hits Jobs, Bilateral Ties
‘Can Destroy China’: Trump Says Beijing Has to Give US Magnets
Lee Survives White House Test, Trump Keen to Meet Kim Jong Un

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