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Latest: Asia Stock Market News

Chip Stocks Lose Near $600 Billion in Value On China Tech Fears
Chip Stocks Lose Near $600 Billion in Value On China Tech Fears

The United States has reportedly told allies it is considering using the most severe trade curbs available if companies continue giving China access to advanced chip tech

Russian Mining Giant Keen to Build China Nickel Plant for Batteries
Russian Mining Giant Keen to Build China Nickel Plant for Batteries

Nornickel is trying to move significant production away from Russia to major consumer China, to avoid sanctions against Moscow over its war with Ukraine

Zero-Carbon Breakthrough For Industry’s Dirty Businesses – NA
Zero-Carbon Breakthrough For Industry’s Dirty Businesses – NA

Scientists at Cambridge University have found that throwing old concrete into steel-processing furnaces purifies the iron and “reactivates” the cement

Tech Tensions Weigh on Nikkei, Policy Bets Boost Hang Seng
‘Garbage Time’ – China’s New Expression of Economic Despair
ASML Has Sold One in Two Chipmaking Machines to China This Year
Nikkei Dips on Profit-Taking, Trump Worries Drag on China Stocks
40 China Banks Hit by Debt, Slowdown ‘Merged’ in 2024 – N’week
TSMC Shares Fall on Trump Remark ‘Taiwan Should Pay for Defence’
Key EV Software Must be Made in an Allied Nation: US Official

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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