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Latest: Fintech News

EU to Avoid Trade Curbs in China Solar Panel Firms Battle
EU to Avoid Trade Curbs in China Solar Panel Firms Battle

The bloc’s solar panel manufacturers have been struggling to compete with their Chinese competitors as its members install new solar panels at record speed

Tesla to Axe 10% of Workforce as Dipping Sales, Price War Bite
Tesla to Axe 10% of Workforce as Dipping Sales, Price War Bite

Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors

Row Over Fair Car Trade Continues as Scholz Lands in China
Row Over Fair Car Trade Continues as Scholz Lands in China

Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements

Malaysia, India Bid to Profit From US-China Chip War – KrAsia
US Lawmakers’ Fury Over Huawei’s Intel AI Chip-Powered Laptop
Huawei Signals New High-End Smartphone After Mate 60 Success
China Orders Telecoms to End Use of US Chips by 2027 – WSJ
Micron Admits Taiwan Quake Will Impact Memory Chip Supplies
Four Chinese Firms Blacklisted for Seeking AI Chips for Military
TSMC Reaps Dividends of AI Boom as Revenue Beats Forecasts

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