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Latest: Asia Stock Market News

Tesla Raises China Prices as EV Sales Tank in April
Tesla Raises China Prices as EV Sales Tank in April

The move came as data from the China Passenger Car Association showed the electric vehicle maker delivered 14.7% fewer China-made electric vehicles in April, compared to March

Taiwan Invasion ‘Could Wipe Off up to $1 Trillion Per Year’
Taiwan Invasion ‘Could Wipe Off up to $1 Trillion Per Year’

US intelligence director Avril Haines gave that estimate of global economic impact to the Senate Armed Services panel, noting that Taiwan's TSMC is the world's biggest maker of advanced chips

Apple Bets on India’s Middle Class in Hunt for Future Markets
Apple Bets on India’s Middle Class in Hunt for Future Markets

CEO Tim Cook believes emerging markets, with their younger populations and fewer iPhones, will bring more prospects for growth for Apple

Hang Seng Rises, China Stocks Dip on Services Boost, AI Fears
China Orders Check on Auditors to Ensure Data Secrecy – FT
Asia Equities Boost as Foreign Inflows Hit Three-Month Peak
Unexpected Slump In China’s Industry Dampens Recovery Hopes
India, Russia Halt Rupee Trade Talks, Moscow Prefers Yuan
Asian Investors Join Challenge Over Credit Suisse Takeover – BBC
Australian Exports to China Shoot Back up to Record Highs

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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