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Latest: Asia Stock Market News

Nikkei Rallies on Bond Boost, Hang Seng Gains on Profits Lift
Nikkei Rallies on Bond Boost, Hang Seng Gains on Profits Lift

Investors began the week in positive mood, betting on imminent rate cuts in the US and in Europe ahead of the release of the latest inflation figures

China Central Bank’s Bond Trading Goal Hit by ‘Asset Famine’
China Central Bank’s Bond Trading Goal Hit by ‘Asset Famine’

PBOC's ambition to return to treasury bond buying and selling has been undermined by market distortions and may end up being a mid-term goal, analysts say

China’s Third Chip Fund Gets $47 Billion to Boost Output
China’s Third Chip Fund Gets $47 Billion to Boost Output

China's third state fund to boost chip production was set up on Friday with registered capital totalling 344 billion yuan ($47.5 billion)

South Korea to Resume Talks With China on Trade Deal, Security
Musk Wants a ‘GigaComputer’ For xAI ChatBot: The Information
Activists Urge US to Shut Hong Kong Trade Offices – RFA
India And China Blocking ‘Pillar 1’ Global Tax Deal, Yellen Says
Applied Materials in Hot Water For Gear Sent to China Chipmaker
Analysts Discover Simple Cargo Ship Emissions Solution – NA
Hang Seng, Nikkei, China Stocks Slide on Fading US Rate Hopes

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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