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Latest: Asia Stock Market News

Japanese ‘Insurers to Sell $3.1 Billion of Honda Shares’
Japanese ‘Insurers to Sell $3.1 Billion of Honda Shares’

The move follows a call by the financial regulator for companies to unwind cross-shareholdings, which are seen as spurring lax governance

US Ban on Investment Not Good For AI Sector, China Says
US Ban on Investment Not Good For AI Sector, China Says

US backs a UN resolution aimed at boosting international cooperation on AI capacity-building, but China's envoy says America's ban on AI investment in China is problematic

US Law Firm Dechert May Shut Offices in Hong Kong, Beijing
US Law Firm Dechert May Shut Offices in Hong Kong, Beijing

The news comes amid a prolonged capital market downturn in both the former British colony and on the mainland, plus growing Sino-US tensions

China Stops Releasing Data Showing Lower Solar Power Utilisation
Chinese Military Scandal Seen Delaying Conflict in Taiwan, SC Sea
China’s New Rare Earth Rules Seek Product Traceability Details
Toyota to Launch EV With Tesla-Like Driving System in China
‘Four of Five Huawei AI Chips Defective’ as US Sanctions Bite
Jakarta to Review Data Centres’ Lax Oversight After Cyberattack
US Lawsuit Says Temu Shopping App Has ‘Hidden Spyware’ – AT

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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