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Latest: Asia Stock Market News

China’s factory growthslows as floods take a toll on output
China’s factory growthslows as floods take a toll on output

BEIJING: China’s factory activity grew at a slower pace in August as floods across southwestern China disrupts production, but the services...

Two bids for TikTok, but Beijing move puts a cloud over any sale
Two bids for TikTok, but Beijing move puts a cloud over any sale

(ATF) There have been reports of two bids for TikTok and a ‘wild card’ – two alleged offers...

Take five: Sayonara Abenomics?
Take five: Sayonara Abenomics?

1/ THE END OF THREE ARROWS

Shinzo Abe, Japan’s longest serving premier and author of the signature shock-and-awe “Abenomics”...

Chinese banks say 560 million people have ‘zero’ in accounts
This week: PMI, Retail Sales and GDP data in focus
Ping An Insurance to be ‘extremely cautious’ in second-half amid virus rebound fear
Investors pile into risk assets after Fed review
Risk asset rally assured after Fed review
China’s Xpeng surges 67% on U.S. debut, raises $1.5 billion in IPO
Fiscally challenged China wants smaller firms to issue bonds, not take loans

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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