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Latest: Asia Stock Market News

Japan’s New Financial Watchdog Chief Targets ESG ‘Greenwashing’
Japan’s New Financial Watchdog Chief Targets ESG ‘Greenwashing’

FSA boss Junichi Nakajima calls for scrutiny of products’ green credentials ; Global green bond issues reached $290.1 billion in 2020

China’s Tencent Woes Hit European and US Gaming Stocks
China’s Tencent Woes Hit European and US Gaming Stocks

• Tencent hit sparks flurry of concern over gaming stocks worldwide • Prosus down 7% in Amsterdam, four firms’ shares...

Hong Kong Regulator Fines UBS $1.5 Million for Compliance Breaches
Hong Kong Regulator Fines UBS $1.5 Million for Compliance Breaches

Swiss bank punished for disclosure failings from 2004-2018; It also admitted other legal breaches to regulators

China Green Pledge Helps Boost Renewable-Energy Linked ETFs: FT
Tencent Curbs Video Games After State Media Calls Them ‘Spiritual Opium’
Asia Markets Advance But Covid Fears And China Crackdowns Limit Progress
Some Themed ETFs Suffer in China Regulatory Swoop: FT
Twitter’s Dorsey Leads $29bn Buyout of Aussie Lending Pioneer Afterpay
Beijing Market Regulator Fines Three Private Tutoring Firms, Says State Media
SoftBank-Backed Indian Insurance Platform Policybazaar Files for $809m IPO

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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