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Latest: Asia Stock Market News

Xinjiang Rules: $640m of SE Asian Exports Held up at US Ports
Xinjiang Rules: $640m of SE Asian Exports Held up at US Ports

Malaysia and Vietnam have had cargoes worth about $320 million each denied or held for checks since the new rules came into force in mid-2020, nearly three times more than exports from China

Nikkei Boosted by Weak Yen, Hang Seng Flat on Stimulus Wait
Nikkei Boosted by Weak Yen, Hang Seng Flat on Stimulus Wait

Investors across the region were happy to sit on the sidelines ahead of national holidays in the US and Japan

Sam Altman Back at OpenAI as CEO After Days of Drama
Sam Altman Back at OpenAI as CEO After Days of Drama

OpenAI agrees to Altman returning to save the group from collapse; former Salesforce co-CEO Bret Taylor and former US Treasury Secretary Larry Summers will join the new board

Big Tech ‘Doing Little’ to Counter Rampant Scams on Social Media
Binance Resignation, $50m Fine Seen as ‘Good Outcome’ For CZ
China State Banks’ Yuan-Buying Push ‘Hints at Rate Cuts’
OpenAI Investors Weigh Legal Options Amid Fears Of Collapse
China-Saudi Sign $7bn Currency Swap Deal in Fresh Hit to Dollar
Stellantis and CATL to Build EV Battery Factory in Europe
Yen Gains Weigh on Nikkei, Hang Seng Dips Despite Tech Boost

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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