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Latest: Asia Stock Market News

Beer festival city Qingdao toasts 226.5bn yuan investment inflow
Beer festival city Qingdao toasts 226.5bn yuan investment inflow

(ATF) China’s northeastern coastal city of Qingdao is to benefit from a huge 226.5 billion yuan modernisation programme. 

The...

Hainan opens door to foreign cash in pursuit of ‘Hawaii’ dream
Hainan opens door to foreign cash in pursuit of ‘Hawaii’ dream

(ATF) Beijing has unveiled plans to redevelop and invest in its southernmost province, Hainan, and turn it into...

China’s $111 billion boost to Guangdong’s tourist industry
China’s $111 billion boost to Guangdong’s tourist industry

(ATF) China’s leading tourism region, Guangdong, is to see 728 billion yuan ($111 billion) of investment in 1,395...

Yield spike reflects inflation worries
China’s ‘Hawaii’ gets a boost for pharma, EVs, financial services
Chinese yuan plunges in March as foreign exchange reserves fall
IMF upgrades growth forecasts with China and India to lead rebound
China’s sole beneficiaries of the Xinjiang cotton boycott row
Why sovereign investors have power to influence govt climate action
SPAC shift to focus on value lets Bill Foley shine

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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