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Latest: Asia Stock Market News

Bank of Japan ‘Spent $59 Billion Lifting Yen’ 3.5% This Week
Bank of Japan ‘Spent $59 Billion Lifting Yen’ 3.5% This Week

Major intervention by Tokyo this week has lifted the currency from 34-year lows, while the dollar has had its worst week in two months, but concerns about the currency and economy remain

Japan Will Prop Up Yen Until Freefall Risk Fades: Ex-BoJ Chief
Japan Will Prop Up Yen Until Freefall Risk Fades: Ex-BoJ Chief

Former foreign exchange division boss says Tokyo’s prime motivation is to prevent speculators sparking a currency meltdown

Dozens Killed in Highway Collapse in Southern China: State Media
Dozens Killed in Highway Collapse in Southern China: State Media

Days of heavy rain caused a section of highway to collapse in southern Guangdong Province on Wednesday, killing at least 48 people, according to state media

TikTok Employees Faced Questioning at US Borders – Forbes
US to Check Chinese Cameras After GoPro Claim of Patent Violations
Hang Seng Jumps on Tech Bets, Yen Rally Weighs on Nikkei
20 China Firms Among 300 Sanctioned by US Over Russian War
TikTok Seen as Chinese Influence Tool by Most in US, Poll Finds
Microsoft Ramps up Cloud, AI, Data Centre Investment in SE Asia
Nikkei Slips as Edgy Investors Wait on Fed, Hang Seng Closed

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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