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Latest: Asia Stock Market News

Nissan-Renault Talks Focus on EV Strength, Equal Partnership
Nissan-Renault Talks Focus on EV Strength, Equal Partnership

The two sides are discussing a reduction in Renault's 43% stake in Nissan, potentially to 15%, so the carmakers can collaborate on more equal terms

US Has ‘No Right’ to Interfere in Our Deals With Germany: China
US Has ‘No Right’ to Interfere in Our Deals With Germany: China

The statement came after Washington "strongly suggested" that China's Cosco should not get a controlling stake in a contested deal over a terminal at the port in Hamburg

Asia Shares Sink as Gloomy Fed Dashes Rate Easing Hopes
Asia Shares Sink as Gloomy Fed Dashes Rate Easing Hopes

Another interest rate hike in the US and warnings of more to come sent indexes across the region into the red

China Stocks Slump on US Rate Hike, Rising Covid Cases
Chinese Yuan Close to 15-Year Low After Fed Rate Hike
China to Continue Support For Debt-Laden Pakistan, Says Xi
Asia Markets Hold Firm as Traders Wait on Fed’s Next Move
Governance Fears on China Property Firms as Auditors Quit
Asia Stocks Rally on Fed Hopes, China Covid Curbs Rumours
Toyota’s Profit Drops 25% Due to Computer Chip Shortage

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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