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Latest: Fintech News

S Korea to Invest $450bn in US Projects, Energy; Gets 15% Tariff
S Korea to Invest $450bn in US Projects, Energy; Gets 15% Tariff

South Korea agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion under their trade framework deal

Tariffs Spur Big Tesla Deals With LGES Batteries, Samsung Chips
Tariffs Spur Big Tesla Deals With LGES Batteries, Samsung Chips

Tesla has signed multi-billion-dollar battery and chip deals with South Korea's LG Energy Solutions and Samsung, to cut reliance on China because of Trump tariffs

China’s Leaders Keen to End Vicious Price Wars, Curb Deflation
China’s Leaders Keen to End Vicious Price Wars, Curb Deflation

Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year

Trump Says He’ll Go To China — But ‘Only If Xi Invites Him’
Hong Kong May Issue Stablecoin Licences in 2026, HKMA Says
India Now the Biggest Source of Smartphone Exports to the US
Chinese AI Firms, Chipmakers Form Alliance To Ditch Foreign Tech
Thailand, Cambodia Agree to Ceasefire After 5 Days of Clashes
EU Strikes a Pricey Deal With Trump to Avert a Trade War
Nikkei Jumps After Trump Strikes 15% Tariff Deal With Japan

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