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Latest: Asia Stock Market News

Crypto Fraudster Bankman-Fried Won’t Face a Second Trial
Crypto Fraudster Bankman-Fried Won’t Face a Second Trial

FTX's Bankman-Fried had faced six more charges that had been omitted from his first trial, including conspiracy to commit bribery

Japanese, German Shipping Firms Still Avoiding Suez Canal
Japanese, German Shipping Firms Still Avoiding Suez Canal

Japan's biggest sea freight companies, Mitsui OSK Lines and Nippon Yusen, and Germany’s Hapag-Lloyd are worried about threat of attacks in Red Sea

Baidu Says More Than 100 Million Using its ChatGPT-Rival Ernie
Baidu Says More Than 100 Million Using its ChatGPT-Rival Ernie

The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing

Year of Wins Propels Huawei From ‘Survival’ to $100bn Revenue
JD.com Wins $140m Anti-Monopoly Case Against Alibaba
China is Using AI to Ramp up Espionage, US Says – WSJ
Nikkei Caps Best Year in a Decade, Hang Seng Decline Continues
Nvidia Launches Modified Gaming Chip For Chinese Market
China’s Xiaomi Unveils Fast-Charging EV to Rival Tesla, Porsche
Toyota Shuts Daihatsu Factories After Safety Tests Scandal – CNN

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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