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Latest: Asia Stock Market News

Shares of Korean Battery Firms Sink Amid Global EV Uncertainty
Shares of Korean Battery Firms Sink Amid Global EV Uncertainty

Firms are now focusing on batteries for energy storage systems that are quickly becoming critical to the global data-centre build-out

China’s Big Tech Secret: Lab Copied Dutch Chipmaking Machine
China’s Big Tech Secret: Lab Copied Dutch Chipmaking Machine

Chinese scientists have built an advanced chipmaking machine in a secret lab in Shenzhen with help from former ASML staff lured to produce cutting-edge chips

Bumper IPO by Another China Chip Firm Raises Hype Worry
Bumper IPO by Another China Chip Firm Raises Hype Worry

Beijing’s push for artificial intelligence self-reliance could be hyping up stocks of Chinese chipmakers despite their lags in technology

Fitch Downgrades China Vanke Amid Heightened Default Risk
India’s US Exports Jump 22%, Easing Pressure to Reach Tariff Deal
Meta Tolerates Billions in Chinese Scam and Fraud Ad Revenue
‘Shadow Banks’ Now Own Over Half of Global Assets, FSB Says
The Idea of AI Super-Intelligence is a ‘Fantasy’ – US Researcher
China’s Fossil Fuel Power Generation Set For First Fall In A Decade
China Grants First Permits For ‘Hands Free’ Autonomous Driving Cars

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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