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Latest: Fintech News

Taiwan’s Exports Jump in June Thanks to AI Chip Demand
Taiwan’s Exports Jump in June Thanks to AI Chip Demand

Exports were up by 23.5% from a year earlier to $39.9 billion – its eighth consecutive monthly rise, the finance ministry said on Tuesday

Chinese Hackers Behind Malicious Cyber Operations: Australia
Chinese Hackers Behind Malicious Cyber Operations: Australia

A joint report led by the Australian Cyber Security Centre said China's APT40 hackers are regularly targeting private and state networks, to steal passwords and usernames

The World Needs China’s Legacy Chips, ASML CEO Says
The World Needs China’s Legacy Chips, ASML CEO Says

CEO of Europe's top chip-equipment maker says the auto industry needs a lot more chips that are made using simpler, long-known technologies

China Car Sales Continued to Decline For a Third Month in June
Samsung Workers Start 3-Day Strike in South Korea
China Sees Energy Storage Boom, Battle to Ease Grid Bottlenecks
Asian Stocks Rise to 27-Month High on US Rate Cut Hopes
Italian Officials Seize Chinese Drone Parts Bound For Libya
China’s BYD Opens Its First EV Plant in Southeast Asia
Australia’s Corporate Watchdog Should be Split in Two: Report

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