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Latest: Asia Stock Market News

Coronavirus could drive Baidu Q1 revenues down
Coronavirus could drive Baidu Q1 revenues down

Internet search giant Baidu has warned the deadly coronavirus outbreak could drive revenues down in the first quarter,...

China PMI horror show to trigger Q1 downgrades
China PMI horror show to trigger Q1 downgrades

China reported its lowest purchasing managers’ index (PMI) figures in 15 years as the coronavirus outbreak and the...

Range of measures devised to help small businesses in China
Range of measures devised to help small businesses in China

(ATF) – China has cut the cost of electricity and gas for small and medium-sized companies hit by...

China’s ruling elite stumbles into a ‘disaster’
Crown Resorts Sued Over Money-Laundering Risk – The Age
Guangdong Electric to sell renewable green bonds
Shanghai Electric Power
China says it has brought its overseas tourists home
Huawei France 5G plant a go, location undisclosed
Europeans see China car market shrinking up to 7%

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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