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Latest: Asia Stock Market News

ASML Employee Who Stole Chip Secrets ‘Went to Work at Huawei’
ASML Employee Who Stole Chip Secrets ‘Went to Work at Huawei’

ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year

China Tensions Leave US Firms Between a Rock and a Hard Place
China Tensions Leave US Firms Between a Rock and a Hard Place

As many US firms weigh the risks of keeping their businesses within the factory floor of the world, others are dealing with a relentless operational dependance on China

Myanmar Economic Crisis Worsens as Exports Plunge – Irrawaddy
Myanmar Economic Crisis Worsens as Exports Plunge – Irrawaddy

Myanmar is edging closer to failed state status; its commerce minister revealed a "runaway trade deficit" last week, with exports over the past six months dropping to 46% of the previous fiscal year

Taliban and China to Discuss Potential Belt and Road Links
Vietnam Arrests Top Rare Earth Execs Amid Plans to Rival China
Nikkei Slides as Middle East Crisis Darkens, Fed Hopes Fade
US Chip Export Ban Seen as Big Opportunity for Huawei
Officials Target Foxconn China Sites for Tax, Land Use Probe
China’s Central Bank Chief Pledges ‘Forceful’ Economic Support
Australian PM to Meet Xi Next Month, as Trade Issues Improve

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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