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Latest: Fintech News

Shipping Volume Will Plunge by Over a Third Next Week: LA Port
Shipping Volume Will Plunge by Over a Third Next Week: LA Port

Officials at the Ports of Los Angeles and Long Beach expect a plunge in cargo from Asia that could last well into the second half, if not longer

Thai Central Bank Cuts Rate on Tariff Woes, Moody’s Downgrade
Thai Central Bank Cuts Rate on Tariff Woes, Moody’s Downgrade

Central bank cuts key interest rate again, while Moody's ratings agency downgrades Thailand's outlook to negative based on impacts expected from US tariffs

US Has Reached Out to Discuss Tariffs, China’s State Media Says
US Has Reached Out to Discuss Tariffs, China’s State Media Says

Outlet says the US approached Beijing to hold talks on tariffs; Trump says "potential" trade deals are lined up with India, South Korea and Japan

As Trump Tariffs Hurt The Dollar, China Dreams of a Global Yuan
China Unveils Propaganda Video, Vows to ‘Never Kneel’ to Bullies
China ‘Compiling a List of US Goods Exempt From Its 125% Tariffs’
China’s Factory Activity Falls as US Tariffs Kill Export Orders
Shein, Temu Prices to Rise up to 200-300% After US Tariffs – SAN
China Says US Tariffs Severely Affect Its Airlines and Boeing
China Warns CK Hutchison, BlackRock: Be Careful on Ports Deal

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