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Latest: Asia Stock Market News

Indonesia Buys Back $467m in Bonds to Manage Refinancing
Indonesia Buys Back $467m in Bonds to Manage Refinancing

Jakarta last week announced the tender offer to buy back nine outstanding bonds that will mature between 2023 to 2027 for a maximum cash consideration of $500 million

Tata Coffee Surges as Indian Stocks Hit Two-Month High
Tata Coffee Surges as Indian Stocks Hit Two-Month High

Tata Consumer said the plantation business would be included in its beverage and foods unit known for the Tetley and Tata Tea brands

Russia-Ukraine War Puts Indian Wheat in Spotlight
Russia-Ukraine War Puts Indian Wheat in Spotlight

Egypt is reeling from a surge in bread and flour prices after Russia's invasion of Ukraine closed off access to lower-priced Black Sea wheat

Covid-19 Outbreaks Stall Shanghai, Shenzhen IPOs Worth $9bn
US Prosecutors Cast Doubt on Wife’s Testimony in 1MDB Trial
China’s Largest Banks Warn of Multiple Economic Headwinds
Japanese Yen Caught in Downward Spiral – Nikkei Asia
India Stands by Trade With Russia as Lavrov Set to Visit
Japan, US to Keep Close Watch on FX as Yen Hits 6-Year Low
Asian Shares Climb as Oil Eases on Shanghai Lockdown Fears

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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