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Latest: Asia Stock Market News

TikTok App Could Control US Users’ Devices, FBI Chief Says
TikTok App Could Control US Users’ Devices, FBI Chief Says

FBI director Christopher Wray told lawmakers in Washington on Tuesday the Chinese government could harness the video-sharing app to influence users or control their devices.

Taiwan Slams ‘Rumours’ on Risks in Investing in its Chips
Taiwan Slams ‘Rumours’ on Risks in Investing in its Chips

Taiwan, home to the world's largest contract chipmaker, TSMC, plays an outsized role in providing chips used in everything from cars to fighter jets

Indonesia’s Indika and Foxconn Mull EV Batteries with Thais
Indonesia’s Indika and Foxconn Mull EV Batteries with Thais

Foxconn and its Indonesian parter Indrika Energy is looking to make EV batteries with a Thai firm, possibly the state-run energy giant PTT.

China Automaker BYD Pulls Plug on Semiconductor Unit IPO
Albanese Meets Xi, as Australia and China Eye Warmer Ties
Bankrupt Crypto Exchange FTX Could Have 1 Million Creditors
Cold War Fears Ease as Xi, Biden Talk in First Meet Since 2017
Asia Stocks Rally on Sino-US Tensions Thaw, China Covid Hopes
Warren Buffett’s Berkshire Reveals $4bn Stake in TSMC
Asia Shares Pare Gains Over Fed Warning, China’s Covid Cases

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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