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Latest: Asia Stock Market News

EU Rejects US Offer to Cut Tariffs if it Pulls Away From China – IT
EU Rejects US Offer to Cut Tariffs if it Pulls Away From China – IT

US officials have told their European counterparts they will cut tariffs if countries reduce their dealings with China, while Beijing has urged Trump to 'stop whining'

Nvidia and China Tech Giants Hit by Latest US Chip Clampdown
Nvidia and China Tech Giants Hit by Latest US Chip Clampdown

Top chip designer takes a $5.5 billion hit from US security clampdown, curbing sales of its H20 AI chip to cloud giants in China

China Says it Will ‘Shake Hands Not Fists’ to Beat US Tariffs
China Says it Will ‘Shake Hands Not Fists’ to Beat US Tariffs

Beijing is aiming to diversify ties amid an escalating trade war with the US, making a significant shift in its approach so far to international ties

Honda to Shift Most Mexico, Canada Car Production to US – Nikkei
Trump Tariffs Could Hit US-Made Drugs in China, Data Shows
China Halts Rare Earth Exports, Warns US on Deep-Sea Metals ‘Plan’
Tariffs on Imported Chips to be Announced Soon, Trump Says
China Calls For US to Scrap Its Tariffs as Xi Starts SE Asia Tour
China Stock Exchanges ‘Limiting Daily Sales Amid Trade War’
China Lifts Tariff on US Goods to 125%, as ‘Hikes Become a Joke’

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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