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Latest: Asia Stock Market News

Shares of China EV Firms Slump as Tesla Sparks Fresh Price War
Shares of China EV Firms Slump as Tesla Sparks Fresh Price War

Chinese electric vehicle-makers have rushed to take on Tesla, despite increasing competition, slowing demand and looming oversupply

Hang Seng, Nikkei Rebound as Middle East Conflict Fears Fade
Hang Seng, Nikkei Rebound as Middle East Conflict Fears Fade

Israel and Iran both backed off after their missile exchanges last week, calming the mood on the region’s trading floors

China Bids to Lift Foreign Investment in Its Tech Amid Funds Exit
China Bids to Lift Foreign Investment in Its Tech Amid Funds Exit

Beijing is desperate to rebuild confidence among overseas investors as its economy continues to struggle post-Covid

Mayors of Big Global Cities Calling for Urban Climate Finance
Trade War Heating Up: China Hits Back After Biden Boosts Tariffs
Wall St ‘Steered Billions Into Blacklisted China Firms’ – Nikkei
China Orders Apple to Cut WhatsApp, Threads from App Store
Nikkei Slumps, Hang Seng Dips as Middle East Fears Grip
Study Shows Half of China’s Big Cities Sinking, Rising Seas Risk
China’s Weak Consumer Spending is Holding World Back: IMF Chief

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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