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Latest: Asia Stock Market News

Indebted Brazil-Australia Mine Venture Delays Meeting
Indebted Brazil-Australia Mine Venture Delays Meeting

Samarco, a joint venture between Brazil's Vale and Australia's BHP Group, changed its restructuring plan to offer a new alternative to pay creditors

HKEX to Kick Off Derivatives Trading on Public Holidays
HKEX to Kick Off Derivatives Trading on Public Holidays

HKEX said it had received "strong market support" for the launch of futures and options trading and clearing services on Hong Kong public holidays

Pakistan Struggles to Attract Saudi Arabian Investment
Pakistan Struggles to Attract Saudi Arabian Investment

The call came after a $20 billion promise from Riyadh in 2019 has largely stalled as Islamabad negotiates an International Monetary Fund package

Insurer AIA Launches $10bn Share Buyback on Robust 2021 Growth
Toyota Cuts Domestic Output by up to 20% From Earlier Plan
South Korea Posts Trade Deficit as Commodity Prices Soar
Opposition Grows to Break-Up Plan for Japan’s Toshiba
Myer Pays First Dividend in 5 Years – The Age
Poor Urged to Shift From Wheat-Based Diet – Fiji Times
Myanmar Maize Prices Soar on Kyat Plunge – New Light

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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