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Latest: Fintech News

US Looking to Fund Bird Flu Vaccine Trial by Moderna – FT
US Looking to Fund Bird Flu Vaccine Trial by Moderna – FT

The news comes amid one of the worst H5N1 outbreaks in the recent years, with bird flu detected in poultry farms in 48 states and dairy herds in nine states.

Tesla ‘Plans to Roll Out Latest Self-Driving System in China’
Tesla ‘Plans to Roll Out Latest Self-Driving System in China’

US electric vehicle maker plans to register the latest software and may sell it as a monthly subscription to users of its cars in China

Chinese Censors Block ‘Wealth Flaunting’ on Social Media – NBC
Chinese Censors Block ‘Wealth Flaunting’ on Social Media – NBC

People known for displaying luxurious lifestyles have disappeared from social media sites in China recently amid a clampdown on "conspicuous displays of wealth"

After Much Planning, China’s EV Makers Set to Storm Europe
US Warns China of Sanctions: ‘Helping Russia Threatens Europe’
Chip Giant Samsung Faces Union Mass Walkout Next Week
Trump Threats to Stop EV Sales May Backfire – Gizmodo
Shein London IPO Plan Under Fire From UK Lawmakers
China Welcomes ‘New Beginning’ Of Ties with Korea, Japan
North Korean Rocket Carrying Satellite Explodes After Launch

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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