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Latest: Asia Stock Market News

Nissan Raises Net Profit Forecast Amid Chip Crunch
Nissan Raises Net Profit Forecast Amid Chip Crunch

The Japanese car giant's earnings have been boosted by a weaker yen, but the semiconductor shortage has hit its production figures

Opaque Carbon Trade Threatens Climate Progress – Nikkei
Opaque Carbon Trade Threatens Climate Progress – Nikkei

Analysis found that 38% of the credits - equivalent to 73 million tonnes of CO2 - were over five years old, while more than 4% were at least 10 years old

Asian Equities Advance But Critical US Inflation Data Looms
Asian Equities Advance But Critical US Inflation Data Looms

Tokyo, Hong Kong, Shanghai and Mumbai all made solid progress on Thursday, while Singapore gained too though Wellington and Jakarta slipped

Australian Firms Evade Forced Labour Reporting, Study Finds
Australia’s AMP Confirms Takeover Offers for Asset Arm
China Evergrande Shares Rise on Chairman’s Vow to Build
Disney Revenues Soar Amid Rollout of Asia-Pacific Originals
How a Chinese City Became a Global Aluminium Hub
Four Agencies Developing Digital Yuan – Beijing Daily
Shanghai PE Fund Owner Found Dead – Yicai Global

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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