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Latest: Asia Stock Market News

Chinese Solar Firms Shed 87,000 Workers, And More Will Go
Chinese Solar Firms Shed 87,000 Workers, And More Will Go

The solar sector lost $60 billion last year with over 40 solar firms delisted, acquired or now bankrupt; and another third of production lines are earmarked for downsizing

Japan Debates How to Handle Rushed Tariff Deal With US
Japan Debates How to Handle Rushed Tariff Deal With US

Ishiba has responded to criticism from opposition lawmakers for not having signed an official document when Japan agreed to a trade deal with the US last month

China Polysilicon Firms Seek $7bn to Shut a Third of Solar Sector
China Polysilicon Firms Seek $7bn to Shut a Third of Solar Sector

Polysilicon companies are in talks about buying up and shutting down a third of China's solar panelmakers, but they need $7 billion

Dozens of Countries Hit With Steep US Tariffs, But Some Feel Relief
Cadence and Nvidia Dealings in China Drawing Close Scrutiny
Trump Says India Will Face 25% Tariff, Penalty From August 1
Tariffs Spur Big Tesla Deals With LGES Batteries, Samsung Chips
China’s Leaders Keen to End Vicious Price Wars, Curb Deflation
Huge Quake Off Russian Far East Puts Japan, Asia Pacific on Alert
Trump Says He’ll Go To China — But ‘Only If Xi Invites Him’

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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