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Latest: Asia Stock Market News

Russian Mining Giant Nornickel, China Copper ‘in Smelter Talks’
Russian Mining Giant Nornickel, China Copper ‘in Smelter Talks’

Miner considering JV and a copper smelting base in China, as many western consumers will no longer buy metal of Russian origin since Moscow invaded Ukraine

Taiwan’s Exports Jump in June Thanks to AI Chip Demand
Taiwan’s Exports Jump in June Thanks to AI Chip Demand

Exports were up by 23.5% from a year earlier to $39.9 billion – its eighth consecutive monthly rise, the finance ministry said on Tuesday

China Visitor Numbers Double After Visa Rules Lifted – SCMP
China Visitor Numbers Double After Visa Rules Lifted – SCMP

Some 14.64 million foreigners arrived in the first half of 2024, which was a 152% rise over last year, thanks to a jump in visa-free arrivals

China’s Guangzhou R&F Properties Faces Liquidation Petition
Surge of New Loans Issued in China in June, Analysts Say
Chinese Hackers Behind Malicious Cyber Operations: Australia
The World Needs China’s Legacy Chips, ASML CEO Says
Bank of Japan Hails Progress on Big Pay Rises Helping Workers
Stabbing Attacks in China Spur Fears of Social Tension – FT
Samsung Workers Start 3-Day Strike in South Korea

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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