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Latest: Asia Stock Market News

China to Examine European Union’s Trade ‘Barriers’
China to Examine European Union’s Trade ‘Barriers’

Six-month inquiry by a Chinese industry group will assess if Chinese firms lost business in Europe due to invesigations carried out by Brussels

China Checking ‘Big Four’ Auditors’ Work After Evergrande Fiasco
China Checking ‘Big Four’ Auditors’ Work After Evergrande Fiasco

Concern has risen that foreign auditors have not been doing enough to uncover illegal corporate activity, based on a huge scandal at China Evergrande, which was found to have inflated its revenue by vast sum

China Consumer Inflation, Producer Prices Hit by Weak Demand
China Consumer Inflation, Producer Prices Hit by Weak Demand

Consumer prices rose in June for a fifth month but was below expectations, while producer prices were undermined by deflation and weak demand

India Plans 12 Power Plants Near Disputed Northeastern Frontier
Russian Mining Giant Nornickel, China Copper ‘in Smelter Talks’
Taiwan’s Exports Jump in June Thanks to AI Chip Demand
China Visitor Numbers Double After Visa Rules Lifted – SCMP
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

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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