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Latest: Asia Stock Market News

Chinese Developer Yango Group Defaults on Onshore Bond
Chinese Developer Yango Group Defaults on Onshore Bond

China Construction Bank, the underwriter, said in a statement on Wednesday Yango did not pay the principal and interest in full on the due date

Australian Employment Surges in Covid-19 Rebound
Australian Employment Surges in Covid-19 Rebound

Figures from the Australian Bureau of Statistics showed employment jumped by 77,400 in February from a month earlier, double forecasts of a 37,000 gain

Lawyers Warn of Russia Risks – Asia Business Law Journal
Lawyers Warn of Russia Risks – Asia Business Law Journal

Lawyers in Hong Kong, Singapore, India and elsewhere in Asia are warning clients about the potential risks of continuing to do business with Russia

Xiconomics: China’s New Development Philosophy – Xinhua
LME Nickel Trading Halted Again After Deal Limit Error
Russia Isolated? You Must be Kidding – Eurointelligence
China Stocks in US Jump as Beijing Talks Up Foreign Listings
Hang Seng Rockets After Beijing Boost as Asia Stocks Rally
Chinese Tech Stocks Soar After State Council Pledges Support
EQT Buys Baring Asia Unit as BNP, Bank of Baroda Funds Merge

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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