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Latest: Asia Stock Market News

Toshiba to Delist After $13.5bn Takeover by JIP and Allies
Toshiba to Delist After $13.5bn Takeover by JIP and Allies

The deal will allow the vast Japanese conglomerate, which has been plagued by scandals and controversies in recent years, to become a private entity and one that is back in local hands

France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei
France Reworks Subsidy Criteria to Cut-Off Chinese EVs – Nikkei

France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing the country’s carbon footprint through imports, an official said

Nikkei, Hang Seng and Asian Markets Slip Ahead of Fed Meet
Nikkei, Hang Seng and Asian Markets Slip Ahead of Fed Meet

Tokyo, Hong Kong, Shanghai, Sydney, Mumbai and Singapore, all dropped on Wednesday, as did the smaller regional markets in Wellington, Manila, Taipei and Bangkok.

Billions at Stake as India-Canada Ties Sour on Sikh Murder
More SE Asian Firms Looking at US IPOs, Filling Chinese Void
China Holds Key Lending Rates as Economy Appears to Steady
China Foreign Minister ‘Sacked Over Affair, Love Child’ – WSJ
China’s Xi Jinping Calls For Stable, Peaceful Sino-US Ties
Nikkei Slips on Fed Fears, Hang Seng Boosted by Property Hopes
Sunac China Seeks Bankruptcy Protection After Debt Deal Nod

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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