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Latest: Asia Stock Market News

Trump Plan to Revive US Shipbuilding, Cut Chinese Grip on Sector
Trump Plan to Revive US Shipbuilding, Cut Chinese Grip on Sector

US President is drafting an executive order that will set up a Maritime Security Trust Fund as a funding source and create shipbuilding incentives through tax credits, grants and loans

Vietnam, Thailand Among Asian Exporters at Risk of US Tariffs
Vietnam, Thailand Among Asian Exporters at Risk of US Tariffs

Southeast Asian nations seen being caught in US dragnet, while tariff exemptions for carmakers have put the spotlight on Trump's use of exemptions, which critics liken to 'crony capitalism'

Tanking Tesla Sales Risk its Carbon Credits Earnings – Politico
Tanking Tesla Sales Risk its Carbon Credits Earnings – Politico

Tesla has deals to sell credits to European carmakers who are still selling gasoline-powered vehicles so they can avert huge fines

Trump Lauds $23bn BlackRock Buy-up of Hong Kong Giant’s Ports
China May Shift to Food Imports From Brazil, Australia, if Tariffs Continue
China Lifts Deficit to Avoid Trade War Blows, Boost Consumption
TSMC’s $100bn US Deal: Taiwan Says It Won’t Share Top Chip Tech
Thousands in Limbo as Thailand Fights Scam Hubs on Two Fronts
Trump Launches Tariff Wars, China Hits Back With 10-15% Duties
Honda ‘to Make Civic Hybrid in US Instead of Mexico Due to Tariffs’

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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