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Latest: Fintech News

European Farmers Fear Trade War With China Over EV Tariffs
European Farmers Fear Trade War With China Over EV Tariffs

Dairy producers and pork exporters fear retaliatory tariffs from China after Wednesday's decision on anti-subsidy duties on Chinese EVs

India’s Richest Man Beats Musk in Race for Satellite Internet
India’s Richest Man Beats Musk in Race for Satellite Internet

India gives approval for a satellite internet service operated by a JV led by Mukesh Ambani's Jio Platforms and a Luxembourg firm, while Musk's Starlink has got a green light in Sri Lanka

Hong Kong, UAE Firms Hit With Sanctions for Russian Gold Deals
Hong Kong, UAE Firms Hit With Sanctions for Russian Gold Deals

The US Treasury said on Wednesday that VPower Finance Security and other firms in Hong Kong and the UAE were punished for transporting gold produced by Russia's biggest gold miner Polyus

Turn Away From EV Tariffs, China Tells European Commission
Chinese EV-Makers Face New Tariffs of up to 38%, EC Says
China Firms ‘Face More US Sanctions for Goods Going to Russia’
Nikkei Edges Up, While the Hang Seng, China Stocks Fall
I’ll Ban Apple Devices if OpenAI is Put in Operating System: Musk
Price Wars by Chinese Retailers Amplify Weak Consumer Outlook
Trump Says He Will ‘Never Ban TikTok’ if Elected – NYPost

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