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Latest: Asia Stock Market News

Indian Regulators to Probe Adani Group After $65 Billion Rout
Indian Regulators to Probe Adani Group After $65 Billion Rout

The Securities and Exchange Board of India will study the report by Hindenburg Research and add it to ongoing inquiries into the group’s foreign portfolio investors and use of tax havens

Japan, Netherlands to Join US in Enforcing China Chip Curbs
Japan, Netherlands to Join US in Enforcing China Chip Curbs

The Netherlands will restrict ASML from selling advanced chimaking equipment to China, while Japan would impose similar restrictions on Nikon Corp, media reports said

Adani Shares Plunge 20%, Hindenburg Says ‘Sue in US if Serious’
Adani Shares Plunge 20%, Hindenburg Says ‘Sue in US if Serious’

Seven listed companies of the Adani conglomerate have lost a combined $50 billion in market capitalisation since Wednesday, following a report by US short-seller Hindenburg Research

Asia Stocks Advance on US Spending Growth, China Hopes
BOJ Urged by IMF to Loosen Reins on Long-Term Yields
Onions ‘Like Gold’ in Inflation-Saddled Philippines – Guardian
Dutch Officials Head to US For Possible China Chip Curbs Deal
Google Changes Android System in India After Antitrust Ruling
Hang Seng Leads Asia Rally But Nikkei Slips on US Data Fears
Adani Mulling Action Against ‘Malicious’ Hindenburg Report

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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