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Latest: Asia Stock Market News

SoftBank Halts Talks on Arm IPO Over UK Political Chaos – FT
SoftBank Halts Talks on Arm IPO Over UK Political Chaos – FT

Plans for SoftBank to hold an IPO in London for Arm, the British computer chip and software design group, have been put on hold because of the collapse of Boris Johnson's government

Asia Stocks Unsettled as Investors Wait on Central Banks
Asia Stocks Unsettled as Investors Wait on Central Banks

Traders were distracted by upcoming Bank of Japan, US Fed and ECB summits as soaring prices continue to hamper growth across the region

More Airlines in Asia Tap Sustainable Jet Fuel – Nikkei
More Airlines in Asia Tap Sustainable Jet Fuel – Nikkei

From Singapore Airlines and Malaysia Airlines to All Nippon Airways and Japan Airlines, the industry is in various stages of producing and using sustainable aviation fuel for operations

Indian Rupee Breaches 80 Per Dollar, New Record Low
China and Japan Slash Holdings of US Treasuries in May
Asia Stocks Rally as Rate Fears Ease, China Backs Lenders
China Steps up Local Government Debt Issuance for Banks
Evergrande Gets New HKEX Condition for Shares to Resume Trading
Alibaba Shares Plunge on Report of Link to Huge Data Theft
Asia Shares Retreat as Poor China Growth Deepens Gloom

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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