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Latest: Asia Stock Market News

BoJ Dismiss Rumours Ultra-Easy Policy Will be Ditched
BoJ Dismiss Rumours Ultra-Easy Policy Will be Ditched

The bank’s deputy governor Shinichi Uchida said recent moves were focused on bond market stability and not a sign of a major policy shift

Western Firms Struggling to Break China’s Grip on Rare Earths
Western Firms Struggling to Break China’s Grip on Rare Earths

Some of the biggest rare-earth companies outside of China are facing challenges in refining elements for the green energy transition

Nikkei, Hang Seng Rattled by US Sovereign Debt Downgrade
Nikkei, Hang Seng Rattled by US Sovereign Debt Downgrade

Recent investor optimism was shaken after Fitch cut the US’s rating following the long-running debt ceiling row between Republicans and Democrats

Chinese Developers Hit by Cities Limiting Access to Escrow Funds
Binance Did $90bn in China Trades in Month Despite Ban – WSJ
China Regulators Deregister Over 2,000 Private Funds This Year
China Upset Over ‘Dangerous’ US Weapons Package For Taiwan
Nikkei Boosted by Weak Yen, Hang Seng Drops on Policy Doubts
China Battery Firms Pump $4.4bn Into Korea for US EV Credits
Nikkei Gains on Fed Hopes, China Stimulus Boosts Hang Seng

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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