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Latest: Fintech News

Biden to Propose Tripling Tariffs on Metal Products From China
Biden to Propose Tripling Tariffs on Metal Products From China

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China boosts steel and car exports

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades
Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

Apple Eyes Indonesia Fab as it Reduces China Reliance – AP
Apple Eyes Indonesia Fab as it Reduces China Reliance – AP

Apple CEO Cook also met Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Tuesday as the US tech firm looks to expand in Southeast Asia

China’s Theft of Trade Secrets Our No1 Concern: US Patent Chief
US Reviewing Trade Sanctions to Tackle China Supply Chain Threats
Baidu Says AI Chatbot ‘Ernie’ Has Had 200m Users
Nissan Eyes Solid-State EV Battery Breakthrough by 2029 – AP
China Providing 90% of Chips Used in Russia, Despite Sanctions
Apple iPhone Sales Slump 10%, Samsung Claims No1 Spot
EU to Avoid Trade Curbs in China Solar Panel Firms Battle

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