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Latest: Fintech News

Shein London IPO Plan Under Fire From UK Lawmakers
Shein London IPO Plan Under Fire From UK Lawmakers

Senior UK politicians want more scrutiny of the fashion giant ahead of a possible London listing over alleged labour malpractices and competitor lawsuits

China Welcomes ‘New Beginning’ Of Ties with Korea, Japan
China Welcomes ‘New Beginning’ Of Ties with Korea, Japan

Chinese premier met South Korea's Yoon and Japan's Kishida in Seoul in a push to revitalise ties, plus talks on a three-party free-trade deal

North Korean Rocket Carrying Satellite Explodes After Launch
North Korean Rocket Carrying Satellite Explodes After Launch

Bid by Pyongyang to launch a second spy satellite on Monday night fails, when a newly developed liquid fuel rocket motor exploded over the Yellow Sea

Musk’s xAI Valued at $24 Billion After New Funding Push
Beckham to be Brand Ambassador as AliExpress Goes Global
China Unveils Video of Simulated Invasion of Taiwan
China’s Third Chip Fund Gets $47 Billion to Boost Output
South Korea to Resume Talks With China on Trade Deal, Security
Musk Wants a ‘GigaComputer’ For xAI ChatBot: The Information
India And China Blocking ‘Pillar 1’ Global Tax Deal, Yellen Says

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