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Latest: Asia Stock Market News

Korea Nabs Ex-Samsung Execs in $3.2bn China Chip Tech Scandal
Korea Nabs Ex-Samsung Execs in $3.2bn China Chip Tech Scandal

Korean engineers accused of using Samsung chip tech to make 20nm memory chips at a plant in southern China. The $3.2bn case has led to calls for tougher penalties for theft of 'critical tech'

Huawei Looks to Steal Apple’s Tech Crown With Tri-Fold Phone
Huawei Looks to Steal Apple’s Tech Crown With Tri-Fold Phone

The phone can fold three ways like an accordion screen door and comes with a keyboard attachment that can fit in a user's pocket

Australia Plans Social Media Ban to ‘Get Children Off Devices’
Australia Plans Social Media Ban to ‘Get Children Off Devices’

Parents want their kids off devices, according to the PM, who said the government would introduce minimum age laws for social media later this year

Pacific Islands Want ICC to Make Ecocide a Criminal Offence
Hang Seng Lifted by Stimulus Bets, Nikkei’s 6-Day Losing Streak
Japan Now Asia’s Top Choice For Hedge Funds as China Falters
Germany Rejects ‘Fake’ Chinese Carbon Credits Used by Oil Firms
A Deflationary Spiral Looms Over China as Overcapacity Bites
Hang Seng Dips as Property, Tech Drag; Yen Weighs on Nikkei
Fugitive Ex-Mayor Alice Guo Flown Back to The Philippines

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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