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Latest: Asia Stock Market News

Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz
Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz

Closing the Strait would spur a big rise in the price of oil, but analysts say shipping and air travel to the Middle East has already been hit and there may be other ways Tehran seeks to strike back against the US.

S Korea to Discuss Concern Over Curbs on Chipmakers in China
S Korea to Discuss Concern Over Curbs on Chipmakers in China

US officials – concerned about the trade deal with China – are considering revoking authorizations granted in recent years to chipmakers Samsung, SK Hynix and TSMC, making it difficult to get US goods and tech for their plants in China

Flood of Cheap Chinese EVs in Brazil Sparks a Backlash
Flood of Cheap Chinese EVs in Brazil Sparks a Backlash

Industry and labour groups say China is taking advantage of Brazil's low tariff barriers to ramp up its exports rather than building Brazilian factories and creating jobs.

Tariff Talks With US Still ‘in a Fog,’ Japan’s Trade Negotiator Says
Software Trial Shows Australia’s Social Media Age Ban Could Work
Apple Keen to Use AI to Design Its Chips, Tech Executive Says
Thai PM Faces Pressure as Major Partner Leaves Ruling Coalition
‘National Emergency’: China’s Antimony Blockade Hits Battery Firms
Trump Set to Extend TikTok Sale Deadline For a Third Time
Firms Underestimating Risks From Carbon-Fuelled Climate Change

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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