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Latest: Fintech News

Google, Microsoft Used More Electricity Than Iceland in 2023
Google, Microsoft Used More Electricity Than Iceland in 2023

The massive energy usage underscores the substantial environmental impact of technology companies

Trump’s VP Choice Raises Threat of New Big Tech Crackdown
Trump’s VP Choice Raises Threat of New Big Tech Crackdown

Vice-presidential candidate JD Vance has backed the break-up of Google, citing its "monopolistic control of information”

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
N Korean Hackers Used Cambodian Firm to Launder Stolen 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

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