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Latest: Asia Stock Market News

EU Backs Large Tariffs on Chinese EVs But Talks Will Continue
EU Backs Large Tariffs on Chinese EVs But Talks Will Continue

EU votes to impose hefty tariffs on Chinese EVs, but says it will continue to talk with Beijing; a possible compromise could be arranged by setting minimum sales prices

Mass Arrests in India as Samsung Workers’ Protest Drags on
Mass Arrests in India as Samsung Workers’ Protest Drags on

Hundreds of workers detained in Tamil Nadu amid industrial dispute that is testing Korean tech giant's alleged 'anti-union' policy and local authorities' tactics seemingly aimed at blocking the registration of a new trade union

Hang Seng’s Hot Streak Continues, Middle-East Drags on Nikkei
Hang Seng’s Hot Streak Continues, Middle-East Drags on Nikkei

The threat of all-out conflict between Israel and Iran sent oil prices surging and discouraged risk-taking across the region

Despite Pushback, EU Looks Set to Green Light China EV Tariffs
Chinese Firms Plan to Raise $15bn in Overseas Bond Issues
China’s WuXi Ponders Sale of US Pharma Operations, FT Says
Furore Erupts After EC Agrees to Delay Forest Protection Rule
Hang Seng Dips After ‘Bazooka’ Rally, Nikkei Lifted by Soft Yen
Hedge Funds’ China Inflows Soar to Record High on Stimulus Bets
BYD, Li Auto, XPeng Sell Record Numbers of EVs in September

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Markets: 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