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Latest: Asia Stock Market News

China Trims Key Rates to Lift Economy After Trade War Blows
China Trims Key Rates to Lift Economy After Trade War Blows

The rate cuts, which were expected, seek to boost consumption and loan growth at a time when economic growth is patchy and lacklustre

China Battery Giant CATL Raises $4.6 Billion in Hong Kong Listing
China Battery Giant CATL Raises $4.6 Billion in Hong Kong Listing

CATL, which produces 38% of the world's EV batteries, sees year's biggest listing, despite being put on a US blacklist four months ago. Proceeds could top $5 billion if greenshoe option is exercised.

Trump ‘Doesn’t Want’ Apple to Tie-Up With Alibaba AI in China
Trump ‘Doesn’t Want’ Apple to Tie-Up With Alibaba AI in China

The White House is reportedly concerned that the tie-up would help a Chinese firm improve its AI abilities and also make Apple more vulnerable to Beijing's censorship and data-sharing laws

Nvidia to Build AI Supercomputer And New Office in Taiwan
China’s Industry, Retail Data, Air Freight to US All Edge Down
TransPacific Cargo Surges on US-China Tariffs Backdown
Trump Unveils Huge Chip Deals in Gulf After Rejig of Export Rules
Mass Layoffs Avoided in China, But Export Sector Badly Shaken
China And Russia Sign Deal to Build Power Station on Moon – LS
Trump Tells Apple CEO ‘I Don’t Want You Building in India’

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

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