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Latest: Asia Stock Market News

Indian Market Rout Intensifies After Adani Drops $2.5bn Share Sale
Indian Market Rout Intensifies After Adani Drops $2.5bn Share Sale

The share plunge of Adani listed companies topped $100 billion on Thursday after the group canned its $2.5-billion share sale – a move that raised more questions over the group's status and dealings

Tesla to Ramp Up Shanghai Output As Price Cuts Fuel Demand
Tesla to Ramp Up Shanghai Output As Price Cuts Fuel Demand

Chief executive Elon Musk said the EV-maker's 2023 deliveries could hit 2 million vehicles, so long as there were no external disruptions

South Korea Slides Toward Recession With Record Trade Deficit
South Korea Slides Toward Recession With Record Trade Deficit

Leading the sluggish trade performance in January were a 44.5% dive in semiconductor exports and a whopping 31% plunge in sales to China

Adani No Longer Asia’s Richest, Market Rout Hits $86 Billion
India, US Partner on Chips, AI and Arms to Take on China
Hang Seng, Nikkei Advance But US Rate Hike Fears Cap Gains
Huge Debts Limiting Services in Some Chinese Cities – CNN
Big Money Rescues Adani Share Sale Despite Hindenburg Fallout
Asia Stocks Slip on Rate Hike Fears Despite China Recovery
Samsung to Keep Up Chip Spending Despite 8-Year Low Profits

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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