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Latest: Asia Stock Market News

China’s Debt-laden Provinces Raise $21bn to Save Small Banks
China’s Debt-laden Provinces Raise $21bn to Save Small Banks

Local governments have raised $21 billion via special bonds this year to boost the capital of small and mid-sized banks to reduce risks of spillover from the property crisis and economic slowdown

COP28: Cities Give A Glimpse of Changes Sweeping the World
COP28: Cities Give A Glimpse of Changes Sweeping the World

The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by leading cities show a pattern likely to be replicated worldwide

Alibaba Shuts Down Quantum Computing Lab Amid Restructuring
Alibaba Shuts Down Quantum Computing Lab Amid Restructuring

The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping its plan to spin-off its cloud business

Chinese-Owned Nexperia Set to Take Over Dutch Chip Startup
‘De-Risking’ by Western Businesses Eroding China’s Outlook
Cities Lead COP28 Climate Change Push as Nations Fail to Deliver
Yen Rebound Drags on Nikkei, China Data Weighs on Hang Seng
Growing Interest in Indian Drug Makers Amid ‘China De-Risking’
China, WHO Try To Calm Nerves on Respiratory Illness Outbreak
Signs of Tightness in China’s Money Market as Month Ends

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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