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Latest: Asia Stock Market News

Samsung Banks on Chip Demand as Profits Rise 51%
Samsung Banks on Chip Demand as Profits Rise 51%

South Korean electronics giant warns shortage of parts may continue this year

China Stocks Rally But Still Set for Worst Fall in Six Years
China Stocks Rally But Still Set for Worst Fall in Six Years

Chinese investors were lifted by signals that Beijing would prioritise growth but its markets are still set for their largest monthly fall since 2016

China Stocks Looking at Worst Month in Six Years – FT
China Stocks Looking at Worst Month in Six Years – FT

Poor sentiment has pushed down the country’s CSI 300 stock benchmark 10% this month, as investors and analysts warn of more losses to come

Hong Kong Stock Exchange Profits Fall 30% in First Quarter
Chinese-Owned Mine in Peru Plans to Evict Indigenous Settlers
Australia Inflation Soars as Country Braces for Tight Election
Samsung to Take Green Power Pledge in Shift to Renewable Energy
Vietnam Plans Renewable Energy Projects to Reduce Coal Use
Australian Lender Names New Chair After Years of Tumult
China Evergrande’s Hengda Wins Reprieve on Coupon Payment

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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