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Latest: Asia Stock Market News

Spiralling China Lithium Prices Hit 26-Month Low on Supply Glut
Spiralling China Lithium Prices Hit 26-Month Low on Supply Glut

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

China to Probe Troubled Shadow Bank Steeped In $64 Billion Debt
China to Probe Troubled Shadow Bank Steeped In $64 Billion Debt

The crisis at Zhongzhi threatens to reignite concerns that China's property debt crisis is spilling over into the country’s broader financial sector

Palm Oil Giant First Resources ‘Tied to Huge Forest Clearing’ – ICIJ
Palm Oil Giant First Resources ‘Tied to Huge Forest Clearing’ – ICIJ

A wealthy Indonesian family that owns palm oil giant First Resources has been accused of secretly owning 3 firms that have allegedly cleared more rainforest than any other group in SE Asia

South Korean Crypto Fugitive Do Kwon Set for Extradition
Nvidia’s Best New AI Chip for China ‘Delayed Until Next Year’
Tech, Stimulus Wait Drags on Hang Seng, Weak Yen Lifts Nikkei
Australia’s Clean Energy Plan Delays $10.6bn Origin Takeover Bid
China-Tied Fund Seeks to Axe Australia Rare Earths Firm’s Head
Seismic AI Discovery May Have Led to Altman’s OpenAI Firing
Global Subsidies For Oil, Gas and Coal Now Reach $7 Trillion: IMF

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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