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Latest: Asia Stock Market News

TikTok Allowing Manipulated Videos of Biden, Media Monitor Says
TikTok Allowing Manipulated Videos of Biden, Media Monitor Says

Altered videos of Biden with audio added to depict him receiving profanity-filled jeers are spreading on TikTok, which has failed to meet its vow to disclose when fake content is shown, a media watchdog says

Bank of Japan ‘Spent $59 Billion Lifting Yen’ 3.5% This Week
Bank of Japan ‘Spent $59 Billion Lifting Yen’ 3.5% This Week

Major intervention by Tokyo this week has lifted the currency from 34-year lows, while the dollar has had its worst week in two months, but concerns about the currency and economy remain

Japan Will Prop Up Yen Until Freefall Risk Fades: Ex-BoJ Chief
Japan Will Prop Up Yen Until Freefall Risk Fades: Ex-BoJ Chief

Former foreign exchange division boss says Tokyo’s prime motivation is to prevent speculators sparking a currency meltdown

Dozens Killed in Highway Collapse in Southern China: State Media
TikTok Employees Faced Questioning at US Borders – Forbes
US to Check Chinese Cameras After GoPro Claim of Patent Violations
Hang Seng Jumps on Tech Bets, Yen Rally Weighs on Nikkei
20 China Firms Among 300 Sanctioned by US Over Russian War
TikTok Seen as Chinese Influence Tool by Most in US, Poll Finds
Microsoft Ramps up Cloud, AI, Data Centre Investment in SE Asia

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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