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Latest: Asia Stock Market News

India’s JSW Planning $4.8 Billion EV, Battery Projects in Odisha
India’s JSW Planning $4.8 Billion EV, Battery Projects in Odisha

JSW, which has set up a joint venture with MG Motor India (owned by China's SAIC), said it has signed an MoU on setting up an electric vehicle and EV battery manufacturing plants in two cities

US Utility to Drop Storage Batteries from Chinese Supplier CATL
US Utility to Drop Storage Batteries from Chinese Supplier CATL

Duke Energy's change of course on the batteries could have supply chain implications – and a chilling effect on an energy storage market dominated by Chinese manufacturers

After Samsung, Lenovo Agrees to Feature Baidu’s AI Bot Ernie
After Samsung, Lenovo Agrees to Feature Baidu’s AI Bot Ernie

Research firm Canalys expects that 5% of smartphones shipped globally in 2024, or 60 million smartphones will be AI-capable

Western Investment Banks Brace for Job Cuts as China Woes Rise
US Panel Wants Investment Ban on Critical Tech Sectors in China
Nikkei Retreats After New 34-Year Peak, Hang Seng Slips
China Stocks See Best Week in a Year Despite Downcast Economy
China’s Bid to ‘Cheat’ a Way to Chip Prominence is Failing: Envoy
Venture Capitalists’ Backing China Put Democracy at Risk – NYP
Soaraway Nikkei Hits 34-Year High, Alibaba Drags on Hang Seng

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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