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Latest: Fintech News

Musk in Bali as Indonesia Turns to Starlink to Push Digital Dream
Musk in Bali as Indonesia Turns to Starlink to Push Digital Dream

The American tech tycoon was on the island ahead of the planned launch of his Starlink internet service

TikTok, US Call on Court to Fast-Track Appeals as Ban Date Looms
TikTok, US Call on Court to Fast-Track Appeals as Ban Date Looms

A group of TikTok creators has filed suit to block the law that could ban the app while TikTok itself and parent company ByteDance have also filed a similar lawsuit

Hong Kong Gives Green Light For Digital Yuan Use in Local Shops
Hong Kong Gives Green Light For Digital Yuan Use in Local Shops

The move will allow mainland Chinese and Hong Kong residents to open digital yuan wallets via a mobile app made by China's central bank and use them for payments in retail shops and some online stores

Musk May Build China Data Centre for Tesla Self Driving System
US Set to Double Tariffs on Chinese Semiconductors in 2025 – TH
Worker Shortages Create Problems For Toyota Plant in Mexico
Putin and Xi Condemn the US, Push for Ukraine Settlement
China Shrugs as Biden’s New Tariffs Seen as Election Ploy
Biden Scraps Tariff Exemption, to Protect US Solar Sector
US Trials of AI-Piloted Fighter Jets Worrying China – ZM

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