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Latest: Asia Stock Market News

Micron to Spend $3.7bn to Bring EUV Chipmaking Tech to Japan
Micron to Spend $3.7bn to Bring EUV Chipmaking Tech to Japan

The development comes at a time when the US is increasingly urging its allies to work together to counter China's chips and advanced technology development

China’s Hua Hong Edges Closer to Mega IPO As Chip War Heats Up
China’s Hua Hong Edges Closer to Mega IPO As Chip War Heats Up

A $2.6 billion share sale, if approved by China’s securities watchdog, would follow a capital raising rush by Chinese chipmakers in the face of US sanctions

Global Warming Set to Break 1.5C Tipping Point by 2027
Global Warming Set to Break 1.5C Tipping Point by 2027

Global temperatures are likely to be 1.5°C above pre-industrial levels at least once over the next five years, the WMO says, and an El Niño weather pattern looks likely to occur late this year

Nikkei, Hang Seng Lifted by Tech Boost, US Debt Talks Hopes
VinFast Expecting 7-Fold Bump in EV Sales With US Expansion
Weak Yuan Dents Asia Currencies, Indian Rupee at Six-Week Low
India to Close About 30 Coal Mines in Next Few Years – ToI
Hang Seng Slips on China Forecast, Nikkei Boosted by Weak Yen
Online Brokers’ Shares Fall on News They Will Cut China Apps
Buffett Sells Entire TSMC Stake Over Taiwan Invasion Concerns

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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