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Latest: Asia Stock Market News

China Likely to Spend $50 Billion on Chip Equipment This Year
China Likely to Spend $50 Billion on Chip Equipment This Year

China was the only country to increase its year-on-year chip equipment purchases, with other major buyers like Taiwan, South Korea and the US all spending less

Mongolia Ignores ICC Warrant, Welcomes Vladimir Putin
Mongolia Ignores ICC Warrant, Welcomes Vladimir Putin

Putin got the red carpet treatment on Tuesday, despite Ukraine calling for his arrest under a warrant from the International Criminal Court

Spotlight on Big Tech’s Power and Water Use Amid AI Surge
Spotlight on Big Tech’s Power and Water Use Amid AI Surge

Concern is rising over surging water consumption by data centres, as well Big Tech's use of carbon offsets to write off emissions, and plans for a rejig of offset rules

Nikkei Dips on Firmer Yen, China Banks Drag on Hang Seng
‘New Productive Forces’ Not Solving China’s Job Crisis
Asian Superpowers’ Rise in Critical Tech Research Ranking: ASPI
Nikkei Gains on Soft Yen, China Property Weighs on Hang Seng
China-Based Inventors Have Filed 1,020 Patents With US Funding
Indian Oil Tycoon Says New Energy Will Earn As Much As Refineries
40% of Global Energy Generated by Renewables in 2023

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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