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Latest: Fintech News

Hong Kong Poised to Green-Light First Spot Bitcoin ETFs
Hong Kong Poised to Green-Light First Spot Bitcoin ETFs

Hong Kong authorities are desperate to improve the city's financial attractiveness after its image suffered because of Beijing’s pandemic restrictions

Note of Support from Founder Jack Ma Lifts Alibaba Shares 5%
Note of Support from Founder Jack Ma Lifts Alibaba Shares 5%

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making, so Alibaba is more agile and customer-focused

South Korea Backs AI, Chip Sectors With $7 Billion Pledge
South Korea Backs AI, Chip Sectors With $7 Billion Pledge

Seoul is desperate to retain its world-leading role in semiconductors as AI takes chip development on to the next level

Germany Reliance on China Remains Ahead of Scholz Visit
Fears Rising on Impacts From Unrestrained AI Projects
Taiwanese Firms Eye SE Asia Boltholes in Case China Invades – FT
Singapore Tightens Money Laundering Rules After $2.2bn Scandal
Top US Republican Senator Backs Forced Sale of TikTok
Didi Robotaxi JV Gets First China Mass Production Licence
Nvidia to Build $200m Indonesia AI Centre in SE Asia Push

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