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Latest: Fintech News

Chinese PM Calls for Open Markets to ‘Fight Instability, Uncertainty’
Chinese PM Calls for Open Markets to ‘Fight Instability, Uncertainty’

Premier Li Qiang urges foreign business leaders to help keep their markets open, as it seeks more investment and tries to avoid a trade war

Musk Visits Pentagon, But Trump Denies ‘China War Plan Briefing’
Musk Visits Pentagon, But Trump Denies ‘China War Plan Briefing’

Musk, now leading the move to slash government spending, is meeting top military officials at Pentagon for talks which sources say may involve secret war plans

India Ends Manufacturing Scheme, Focuses on Slashing Tariffs
India Ends Manufacturing Scheme, Focuses on Slashing Tariffs

$23-billion incentives programme that aimed to lure manufacturers away from China was hindered by red tape and slow meagre payouts, officials said, but two sectors enjoyed huge growth

Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT
Vietnam to Allow 49% Foreign Ownership of Some Private Banks
April 2 Set as Date for Unveiling of Trump’s Reciprocal Tariffs
Huawei Bribery Scandal: Five Charged After EU Parliament Raids
HK’s Lee Slams ‘Bullying’ as China Reviews Panama Ports Deal
‘Crash in Sentiment’ Spurs Plunge in Investment in US Equities
Nvidia’s Huang Expected to Reveal Details of New AI Chips

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