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Latest: Asia Stock Market News

Dozens of Police Hurt in Protest Over Adani Port in Southern India
Dozens of Police Hurt in Protest Over Adani Port in Southern India

Local villagers say the port is destroying the coastline and their way of life. Hundreds of protesters, led by Catholic priests, marched on a police station, where a dramatic confrontation occurred

Asia Shares Suffer as Markets Reel From China Covid Unrest
Asia Shares Suffer as Markets Reel From China Covid Unrest

Covid curbs protests across several Chinese cities unsettled investors, pushing indexes down and sending the US dollar surging again

China Evergrande Seeks Backing for Planned Rejig by March
China Evergrande Seeks Backing for Planned Rejig by March

Evergrande expects to firm up debt restructuring proposals by end-February or early-March, lawyers for the developer told a Hong Kong court on Monday

China’s Covid Unrest Sees Yuan Drop to Two-Week Low
Chinese Stocks Sink After Covid Cases Rise, Protests Over Policy
China Seen Offering Cheap Loans to Boost Developers’ Funds
Asia Markets Mixed as Fed Rate Hopes Trumped by Covid Fears
South Korea’s Yoon Warns of Crackdown on Truckers Strike
Stellantis Eyes India to Create Affordable EVs for Export
Asia Stocks Rally Boosted by Fed Easing Signs, China Stimulus

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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