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Latest: Asia Stock Market News

Hong Kong, UAE Firms Hit With Sanctions for Russian Gold Deals
Hong Kong, UAE Firms Hit With Sanctions for Russian Gold Deals

The US Treasury said on Wednesday that VPower Finance Security and other firms in Hong Kong and the UAE were punished for transporting gold produced by Russia's biggest gold miner Polyus

Turn Away From EV Tariffs, China Tells European Commission
Turn Away From EV Tariffs, China Tells European Commission

The EC decision to hit Chinese EVs with extra tariffs is a move in the wrong direction, China said on Thursday, noting that EU states and carmakers oppose the move

Nikkei, Hang Seng Sink Ahead of US Inflation Data, Fed Policy
Nikkei, Hang Seng Sink Ahead of US Inflation Data, Fed Policy

Losses in Japan and Hong Kong were offset by markets rallying in Taiwan and South Korea — both of which were buoyed by overnight gains on Wall Street and positive tech news.

China Solar Panel Makers Want Beijing to Stop ‘Over-Investment’
Chinese EV-Makers Face New Tariffs of up to 38%, EC Says
China Firms ‘Face More US Sanctions for Goods Going to Russia’
Nikkei Edges Up, While the Hang Seng, China Stocks Fall
India’s Modi Retains Ministers in Key Cabinet Roles
I’ll Ban Apple Devices if OpenAI is Put in Operating System: Musk
Exodus of Foreign Judges in Hong Kong Upsets City CEO

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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