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Latest: Asia Stock Market News

Didi Soars 50% on Report China to Lift Ban on New Users, App
Didi Soars 50% on Report China to Lift Ban on New Users, App

Chinese regulators are said to be concluding probes into Didi and two other firms and preparing to lift restrictions on their apps

Asian Stocks Lifted by Hopes US Will Cut China Tariffs
Asian Stocks Lifted by Hopes US Will Cut China Tariffs

Tech firms responded positively to the news the US is reviewing its tariffs on Chinese goods, while China’s easing Covid situation also helped

Musk Plan for a Million on Mars by 2050 a Delusion – Gizmodo
Musk Plan for a Million on Mars by 2050 a Delusion – Gizmodo

Even NASA isn't expecting to land a person on Mars for close to 20 years, and establishing a colony on Mars is too daunting a task, Gizmodo says.

Biden to Lift Tariffs for Two Years on ASEAN Solar Panels
Bondholders a Bigger Worry in Africa Than China Debt Traps – SCMP
Asian Stocks Edge Ahead as Traders Wait on US Jobs Data
Sri Lanka Seeks $6bn to Repay Fuel Bills, Bolster Forex
Indonesia Sells $624m Samurai Bonds to Plug Fiscal Deficit
Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’
South Korea Inflation Rises at Fastest Pace in Almost 14 Years

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Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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