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Latest: Asia Stock Market News

BYD Sales Boom in Southeast Asia While Tesla Growth Slows
BYD Sales Boom in Southeast Asia While Tesla Growth Slows

Singapore emerged as one of the main markets of focus for BYD in the region, with the carmaker launching an aggressive marketing campaign in the city-state

BOJ to Unveil Plan to Halve Bond Buying, Unsure on Rate Hike
BOJ to Unveil Plan to Halve Bond Buying, Unsure on Rate Hike

The Bank of Japan is still unsure whether to hike its interest rate next week, but keen to unveil its plan to halve bond buying, sources say

China’s War on Wealth: Funds Staff Told to Repay ‘Excess’ Salaries
China’s War on Wealth: Funds Staff Told to Repay ‘Excess’ Salaries

A move by Beijing to regulate 'excessive incomes' has led to two funds telling high earners they must repay money they earned last year over a new 3-million-yuan salary cap

China’s Quant Funds Hit Hard in First Half, as Crackdown Looms
Nikkei Dips on Tech Earnings, Yen Rally; EVs Weigh on Hang Seng
Korean, Chinese Firms in Talks on EV Batteries for Europe
US Spot Ether ETFs Rolled Out After Bitcoin Breakthrough
Potential Trump Win Worries Asian EV Firms – But China’s Happy
China Secretly Built The World’s Fastest Supercomputers – WSJ
China Growth Fears Weigh on Hang Seng, Yen Drags on Nikkei

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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