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Latest: Asia Stock Market News

China’s Dalian Wanda May be Next Property Giant to Fall
China’s Dalian Wanda May be Next Property Giant to Fall

Wanda Group must pay a $400m bond on Monday, then a further $488m on the 29th, and a $600m bond in January. It's debt crisis has sparked fears more real estate giants could tumble

Taj Mahal Flood Puts Focus on India’s Weak Planning – Nikkei
Taj Mahal Flood Puts Focus on India’s Weak Planning – Nikkei

Indians are questioning the government's disaster management and slack response to global warming after monsoon rains wreaked havoc, and damage of $2 billion, in the country's north

Chinese Envoy Warns US: More Chip Bans and We’ll Hit Back
Chinese Envoy Warns US: More Chip Bans and We’ll Hit Back

Ambassador Xie Feng told the Aspen Security Forum that China did not want a trade or tech war but would definitely respond if the United States imposes more restrictions on its chip sector

Tech Dip Weighs on Nikkei, Hang Seng Drops on Stimulus Doubts
Indian Banks Wary About Official Push for More Coal Mines
$55 Billion Crypto Gambling Case on Trial in China – Toutiao
India’s Tata to Build $5 Billion EV Battery Gigafactory in UK
China’s Feuding Online Fashion Retailers: Temu vs Shein
Investors Load Up Bullish Bets on China After Growth Setback
Nikkei Gains as BoJ Stands Firm, Hang Seng Dips on China Data

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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