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Latest: Asia Stock Market News

India Not Keen To Green-Light BYD’s $1bn EV Investment – ToI
India Not Keen To Green-Light BYD’s $1bn EV Investment – ToI

India is concerned that tie-ups like the one proposed by BYD are “controlled by the foreign partner” and reduce the partnering Indian company to a “dummy entity”

US Keen to Help China on Deal to Curb Methane Emissions
US Keen to Help China on Deal to Curb Methane Emissions

Experts say any move to cooperate on cutting emissions of methane – a greenhouse gas responsible for roughly 30% of global warming – would be positive

Xiaomi to Switch India Strategy in Bid to Rival Samsung
Xiaomi to Switch India Strategy in Bid to Rival Samsung

The Chinese telecom giant has fallen behind South Korea's Samsung in the country, where brick-and-mortar remain the bigger players in smartphone sales

China Stocks Slip on Growth Fears, Typhoon Closes Hang Seng
China’s Weak 2nd Quarter Growth Shows Need for Support
Kerry Flies to China Seeking to Revive Climate Cooperation
Wang Yi Tells Borrell to ‘Clarify’ EU’s Position on China
Seasonal Change for Crypto As Outlook Begins to Improve
BYD Proposes $1-Billion Plan to Build EVs, Batteries in India
Beijing Slams Germany’s China Strategy Paper on De-Risking

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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