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Latest: Asia Stock Market News

Spotlight on Big Tech’s Power and Water Use Amid AI Surge
Spotlight on Big Tech’s Power and Water Use Amid AI Surge

Concern is rising over surging water consumption by data centres, as well Big Tech's use of carbon offsets to write off emissions, and plans for a rejig of offset rules

Nikkei Dips on Firmer Yen, China Banks Drag on Hang Seng
Nikkei Dips on Firmer Yen, China Banks Drag on Hang Seng

Investors remained cautious for a second successive day while China’s property woes saw its banks take a profits hit

‘New Productive Forces’ Not Solving China’s Job Crisis
‘New Productive Forces’ Not Solving China’s Job Crisis

Government policies favouring narrow areas of science and technology are worsening the job prospects of millions of young people, critics say

Asian Superpowers’ Rise in Critical Tech Research Ranking: ASPI
Nikkei Gains on Soft Yen, China Property Weighs on Hang Seng
China-Based Inventors Have Filed 1,020 Patents With US Funding
Indian Oil Tycoon Says New Energy Will Earn As Much As Refineries
40% of Global Energy Generated by Renewables in 2023
Race to Prevent Disastrous Spill From Burning Red Sea Tanker
Tesla Purges 2006 Climate Manifesto Promising Cheap EVs – Forbes

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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