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Latest: Fintech News

World Bank Looking to Bolster Financial Links for Pacific Islands
World Bank Looking to Bolster Financial Links for Pacific Islands

The World Bank is working with Australia and the US on ways to expand banking services for small nations in the Pacific to boost trade, tourism and remittances

Chinese Brokerage to Boost Investment Banking in Southeast Asia
Chinese Brokerage to Boost Investment Banking in Southeast Asia

China Galaxy Securities International is seeing growing interest from Chinese funds wanting to expand and diversify in the ASEAN region

N Korean Hackers Used Cambodian Firm to Launder Stolen Crypto
N Korean Hackers Used Cambodian Firm to Launder Stolen Crypto

Huione Pay in Phnom Penh received crypto worth $150,000 from the Lazarus hacking group, two blockchain analysts say. But the central bank in Cambodia says the firm is not allowed to trade in crypto.

OpenAI’s ‘Strawberry’ Model Would Be Capable of ‘Deep Research’
Cambo-Chinese Firm Tied to Crypto Scams, Money Laundering
Samsung, Apple Lead Global Smartphone Sales Boost Amid AI Push
Thai Economy Rocked by Factory Closures, Cheap Chinese Imports
Microsoft in Mega Carbon Deal as AI Power Demands Surge – FT
China’s Growth Slows in 2nd Quarter, Downturn Hits Retail Sales
Suu Kyi Adviser Calls For Sanctions on Myanmar’s Central Bank

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