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Latest: Asia Stock Market News

Chinese Car Exports to EU Seen Hit by Red Sea Ship Attacks
Chinese Car Exports to EU Seen Hit by Red Sea Ship Attacks

Chinese car exporters are expected to suffer negative impacts as more shippers avoid the Red Sea and opt to sail around Africa to avoid attacks by pro-Palestine militants in Yemen

Nikkei Boosted by Steadfast BoJ, Tech Drives Hang Seng Up
Nikkei Boosted by Steadfast BoJ, Tech Drives Hang Seng Up

Japan’s benchmark reached a five-month high while Hong Kong’s leading index tracked overnight Wall Street gains

Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units
Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units

Wu now leads the overall group as well as its two most important business divisions – cloud and domestic e-commerce

Another 13 Chinese Companies Added to US ‘Unverified List’
Toshiba Delists as New Owners Told to Eye ‘Deep Tech’ Future
Hyundai Motor to Sell Russian Plant at $219 Million Loss
Singapore Firm Taps AI to Cut Critical Mineral Mining Costs
Red Sea Attacks Disrupt Key Asia-Europe Sea Trade Route
Nikkei Rallies as BoJ Stands Firm, Tech Weighs on Hang Seng
China Set to Start Sea Trials of Deepwater Drilling Ship

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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