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Latest: Asia Stock Market News

US-Made ‘Chiplet’ Tech Emerges as Core China Chip Strategy
US-Made ‘Chiplet’ Tech Emerges as Core China Chip Strategy

Patents for small computer chips, developed by a struggling US company, were sold to China two years ago, in a move some say highlights a need to reform the government watchdog CFIUS

Beijing’s Crackdown Wiped $1.1 Trillion Off Chinese Big Tech
Beijing’s Crackdown Wiped $1.1 Trillion Off Chinese Big Tech

Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group

Hang Seng Lifted by China Data, Tech; Yen Drags on Nikkei
Hang Seng Lifted by China Data, Tech; Yen Drags on Nikkei

Japan’s Nikkei fell to a one-month low as exporters suffered from its currency’s rise while the Hang Seng enjoyed a boost from credit figures and tech optimism

Reserve Bank of India Ramps up Testing of its Digital Rupee
China Property Stocks Rally on Rescue Package Extension
Thai Baht Rises as Dollar Falls And Vote for New PM Nears
Foxconn Says ‘Committed To India’ After Quitting Vedanta JV
UBS Dumps New China Fund Plan, to Focus on Credit Suisse JV
Hang Seng Rallies on China Stimulus, Nikkei Snaps Losing Run
China’s Gallium Curbs a Headache for EV Carmakers

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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