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Latest: Asia Stock Market News

Adani to Prepay $121 Million Loan as Market Value Drops 57%
Adani to Prepay $121 Million Loan as Market Value Drops 57%

The conglomerate’s market value has dropped below the $100 billion mark in the ongoing sell-off triggered by the Hindenburg report

Hang Seng, Nikkei Slip on Ukraine Fears, Rate Hike Worries
Hang Seng, Nikkei Slip on Ukraine Fears, Rate Hike Worries

Tensions over the continuing Ukraine conflict, a slump in factory output in Japan and fears there’ll be no let-up in the Fed’s war on inflation all weighed on sentiment

China Bank Reassures Staff Over Star CEO’s Disappearance
China Bank Reassures Staff Over Star CEO’s Disappearance

The absence of China Renaissance founder Bao Fan, suspected to have been taken into custody, highlights 'key man risk', or dependence on top players, at some Chinese firms, analysts say

Taiwan’s Export Orders Fall For Fifth Month in a Row
China Securities Watchdog Set to Vet All Offshore Listings
Asia Stocks Rally on China Recovery Bets But Rate Fears Loom
China Seen as Key Player in Talks on UN Ocean Protection Treaty
SoftBank-Backed Ola to Invest $920m in India EVs, Batteries
Blinken Meets Top China Diplomat, Warns Against Russia Aid
China Swipes at ‘Hysterical’ US Over ‘Spy Balloon’ Response

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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