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Latest: Asia Stock Market News

BYD Plants Seen Generating Big Sales in Europe, South America
BYD Plants Seen Generating Big Sales in Europe, South America

China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030

US to Rejig Export Curbs for AI Chips, ‘Shift to Licensing Deals’
US to Rejig Export Curbs for AI Chips, ‘Shift to Licensing Deals’

Trump administration officials are looking to dump the tiered approach to access to advanced chips and shift to a global licensing regime with government-to-government agreements, sources say

Pakistan Worries Loom Over Foreign Investors’ $5bn India Buying Spree
Pakistan Worries Loom Over Foreign Investors’ $5bn India Buying Spree

India’s escalating conflict with Pakistan could put at risk its image as a ‘safe haven’ amid global economic turmoil

US Sanctions Karen Warlord, Cambodia ‘Money Laundering Group’
China Cuts Rates, Injects Liquidity as Trade Meet With US Looms
Carbon Credit Scheme Targets Coal Plants For Early Retirement
Satellite Images Show Huawei’s Expanding Chip Facilities – FT
Shein, Temu Go Aggressive on Europe Expansion as US Tariffs Hit
US Lawmakers Push Location-Tracking For High Powered AI Chips
Asian Currencies Soar as Investors Dump The US Dollar

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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