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Latest: Asia Stock Market News

US Pressing Korean Chipmakers For More China Chip Curbs
US Pressing Korean Chipmakers For More China Chip Curbs

The US is pressing the Korean government to ensure Samsung and SK Hynix restrict sales of their high-bandwidth memory chips to China

‘US to Sanction Prominent Cambodians Tied to Scam Centres’
‘US to Sanction Prominent Cambodians Tied to Scam Centres’

The State Department said in June Cambodian government officials were complicit in trafficking for criminal activities and that some owned facilities used by scam operators

Nikkei Bounces Back on Weaker Yen, Tech Stocks Lift Hang Seng
Nikkei Bounces Back on Weaker Yen, Tech Stocks Lift Hang Seng

Despite a hotter-than-hoped US inflation report, Japan shares leapt more than 3% while Hong Kong enjoyed a tech boost

China Shadow Bank Zhongzhi’s Desperate Effort to Avoid Collapse
Continuing Rise of Methane Emissions Worrying Top Scientists
US Says China Giving Lethal Aid to Russia in Ukraine War – FT
Nikkei Drops as Yen Jumps, Energy Stocks Drag on Hang Seng
Korea Nabs Ex-Samsung Execs in $3.2bn China Chip Tech Scandal
Huawei Looks to Steal Apple’s Tech Crown With Tri-Fold Phone
Australia Plans Social Media Ban to ‘Get Children Off Devices’

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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