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Latest: Asia Stock Market News

World’s Wealthiest 1% Added $42tn to Fortunes Since 2014 – F24
World’s Wealthiest 1% Added $42tn to Fortunes Since 2014 – F24

Poverty charity Oxfam warned of “obscene levels” of inequality ahead of a G20 summit in Brazil this week

Indonesia Offers ‘Golden Visa’ to Draw Foreign Investors, Lift Economy
Indonesia Offers ‘Golden Visa’ to Draw Foreign Investors, Lift Economy

President Joko Widodo launched a long-term visa scheme on Thursday in a bid to attract foreign investors

Nikkei Dives as Yen Surges, Tech Earnings Weigh on Hang Seng
Nikkei Dives as Yen Surges, Tech Earnings Weigh on Hang Seng

Share indexes across the region retreated as confidence in Big Tech’s fortunes waned off the back of some tame earnings posts

China’s Central Bank in Surprise MLF Loan at Low Rate
BYD Sales Boom in Southeast Asia While Tesla Growth Slows
BOJ to Unveil Plan to Halve Bond Buying, Unsure on Rate Hike
China’s War on Wealth: Funds Staff Told to Repay ‘Excess’ Salaries
China’s Quant Funds Hit Hard in First Half, as Crackdown Looms
Nikkei Dips on Tech Earnings, Yen Rally; EVs Weigh on Hang Seng
Korean, Chinese Firms in Talks on EV Batteries for Europe

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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