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Latest: Fintech News

Microsoft Asks China AI Staff if They Want to Shift Abroad
Microsoft Asks China AI Staff if They Want to Shift Abroad

Hundreds of engineers given the option to relocate overseas as Washington tightens China’s access to advanced US tech and ties have become strained over such issues

India Now the World’s Third Biggest Generator of Solar Power
India Now the World’s Third Biggest Generator of Solar Power

India is making bigger strides towards its goal of net-zero greenhouse gas emissions. In 2023 it became the world's third largest generator of solar energy, behind only China and the US

Chinese Firms Close in on High-End AI Memory Chips Coup
Chinese Firms Close in on High-End AI Memory Chips Coup

The two companies – CXMT and Tongfu Microelectronics – have benefited from local government funding as China pours cash into its chip sector

Huawei Mania Heads Beyond China as it Steps up Marketing Blitz
Project Liberty Forms Group to Bid For TikTok’s Operations in US
Chinese Firms Seen Shifting Production Abroad to Avoid US Tariffs
China Poised to Wreak Havoc with Major Cyberattack: UK, US
AI Hitting Job Markets Like a ‘Tsunami’, Says IMF Chief
Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips
Nuclear Fusion Breakthrough Thanks to ‘Tungsten Wall’ – Quartz

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