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Latest: Asia Stock Market News

China Puts Property Freeze on US Firms Tied to Taiwan Weapons
China Puts Property Freeze on US Firms Tied to Taiwan Weapons

Beijing has imposed a legal 'freeze' on the nine companies' properties on the mainland in a bid to pressure the United States to halt arms sales to the island

Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000
Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000

Taiwan company says pagers were made in Budapest, while analysts say small explosive was likely planted in devices used by Hezbollah and that the attack may spur fears about handsets

Nikkei Rebounds as Yen Slides, China Stocks U-Turn on Rate Bets
Nikkei Rebounds as Yen Slides, China Stocks U-Turn on Rate Bets

Investors were playing the waiting game on Wednesday with the odds shortening on a sizeable US interest rate cut later in the day

Japan Nears China Chip Curbs Deal With ‘Bad Cop, Very Bad Cop’ US
Oil And Gas Sector Way Off Net Zero Track: S&P Global
Musk ‘Eroding Tesla EV Sales’, But do Bigger Things Lie Ahead?
Hang Seng Gains on Property Bets, Strong Yen Weighs on Nikkei
Asian Bonds See Best Month of Net Purchases in Five Years
Oil Nations Blocking COP29 Efforts on Fossil Fuel Phaseout – FT
BIS Warns Central Banks Not to Squander Interest Rate Buffers

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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