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Latest: Asia Stock Market News

‘Four of Five Huawei AI Chips Defective’ as US Sanctions Bite
‘Four of Five Huawei AI Chips Defective’ as US Sanctions Bite

The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions

Jakarta to Review Data Centres’ Lax Oversight After Cyberattack
Jakarta to Review Data Centres’ Lax Oversight After Cyberattack

President Widodo has ordered an audit of two state data centres after officials admitted most information at one was not backed up; 230 ministries were affected, but services could take weeks to restore

US Lawsuit Says Temu Shopping App Has ‘Hidden Spyware’ – AT
US Lawsuit Says Temu Shopping App Has ‘Hidden Spyware’ – AT

A lawsuit lodged in Arkansas claims the Chinese shopping app Temu is "dangerous malware" that secretly gives itself "unrestricted access" to all data on a user's phone

US Planning ‘Aggressive’ Rules on Data Security for Chinese EVs
Indonesian Airports, Data Centres Hit By Worst Cyberattack in Years
Carbon Removal Could Rake in $100 Billion Annually From 2030
Amazon to Take on Temu, Shein With China-Linked Discount Store
Taiwan Issues Travel Warning After China’s Execution Threat
Surge in Indian Equity Capital Market Deals Seen Continuing
Chinese Pouring Money Into Bonds Despite PBOC Risk Warnings

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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