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Latest: Asia Stock Market News

BYD Proposes $1-Billion Plan to Build EVs, Batteries in India
BYD Proposes $1-Billion Plan to Build EVs, Batteries in India

The investment proposal also includes a plan by BYD to set up charging stations in India and build research and development and training centres

Beijing Slams Germany’s China Strategy Paper on De-Risking
Beijing Slams Germany’s China Strategy Paper on De-Risking

The 64-page document, published on Thursday, was unflinching in its appraisal of Beijing's increasing assertiveness and "unfair practices”

BOJ to Hold Workshop for Ueda’s Review of Monetary Easing
BOJ to Hold Workshop for Ueda’s Review of Monetary Easing

The BOJ will examine how its unconventional monetary policy affected economic developments, as well as its impact on financial markets and the banking system, it said

Beijing to Host World’s Biggest Investors for Rare Meeting
World’s Oceans Changing Colour, Study Finds – Guardian
Asia Stocks See Best Week of 2023, Dollar Sinks as Inflation Eases
Hang Seng and Nikkei Surge on Hope Rate Hikes Will End Soon
China Sets Interim Rules for Generative AI Accessible to Public
China’s Qingdao Seen Bailing Out Local Govt Funding Unit
US Says China’s State Hackers Breached Government Emails

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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