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Latest: Asia Stock Market News

Mining Giant BHP ‘Cautiously Optimistic’ About China Economy
Mining Giant BHP ‘Cautiously Optimistic’ About China Economy

"Our view is that China is still going to provide a bit of stability to global economic growth over the next year," Chief Executive of BHP Group Mike Henry said

Yuan Sinks to Lowest Since 2008 Despite State Banks’ Support
Yuan Sinks to Lowest Since 2008 Despite State Banks’ Support

China's yuan sank to its lowest level since January 2008 on Friday, despite major state banks selling dollars to try to stabilise the weakening currency

Asia Shares Slip as Rate Hikes, Recession Fears Deepen Gloom
Asia Shares Slip as Rate Hikes, Recession Fears Deepen Gloom

Investors weren’t in a risk-taking mood on Friday with worries over a global downturn forcing bourses across the region intro retreat again

Japan and Australia’s Leaders to Discuss Energy, Security
China’s Private Sector Shut Out of Xi’s Party Congress – FT
Japan’s Inflation Hits 8-Year High, Tests BOJ’s Soft Policy
Small Indian Banks Talking With Russia on Payment System
Indian Rupee Plummets to New Low Against US Dollar – Mint
Japan’s Imports Surge 45% to Record High on Weakened Yen
Hang Seng Leads Asia Stocks Retreat as Stimulus Hopes Dashed

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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