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Latest: Asia Stock Market News

Germany Rejects ‘Fake’ Chinese Carbon Credits Used by Oil Firms
Germany Rejects ‘Fake’ Chinese Carbon Credits Used by Oil Firms

Since last year, multiple reports have raised concerns about the authenticity and integrity of oil firms' emissions reduction projects in China — which in one case was actually chicken farm, according to a whistleblower

A Deflationary Spiral Looms Over China as Overcapacity Bites
A Deflationary Spiral Looms Over China as Overcapacity Bites

Excess capacity and a lack of domestic demand threaten to create a vicious cycle within China’s economy where lower employment and wages could lead to a further fall in private consumption

Hang Seng Dips as Property, Tech Drag; Yen Weighs on Nikkei
Hang Seng Dips as Property, Tech Drag; Yen Weighs on Nikkei

The outlook for the US and Chinese economies saw investors ditch equities, sending bourses across the region intro retreat

Fugitive Ex-Mayor Alice Guo Flown Back to The Philippines
Chinese Solar Giants’ Profits and Revenue Plunge in First Half
Nikkei Dips on US Jobs Worries, Typhoon Yagi Closes Hang Seng
China Starts Merging State Brokerages, to Create $226bn Giant
Big Bucks and Salted Ducks: How US Official Became ‘China Spy’
US Push to Curb China Chip Tech Economically Motivated: ASML CEO
Consumer Confidence in China Drops to Near Historic Lows

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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