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Latest: Asia Stock Market News

Australian Firms Evade Forced Labour Reporting, Study Finds
Australian Firms Evade Forced Labour Reporting, Study Finds

A survey of 102 Australian healthcare, clothing, horticulture, and seafood companies found they are failing to identify or disclose obvious modern slavery risks

Australia’s AMP Confirms Takeover Offers for Asset Arm
Australia’s AMP Confirms Takeover Offers for Asset Arm

AMP Capital has about A$178 billion ($128 billion) in assets under management, including A$25.9 billion in infrastructure assets

China Evergrande Shares Rise on Chairman’s Vow to Build
China Evergrande Shares Rise on Chairman’s Vow to Build

The Chinese developer, with more than $300 billion in liabilities, has been struggling to repay creditors, suppliers, and deliver homes

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
China Delays Peak Steel Emissions Point – Caixin
China Mobile Share Surge Sparked By ‘Mystery Funds’: CSJ 
Asian Markets Rally But Traders Braced For US Inflation Hit

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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