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Latest: Asia Stock Market News

States Seize $700m Prince Group Assets Amid Hunt for ‘Scam Billionaire’
States Seize $700m Prince Group Assets Amid Hunt for ‘Scam Billionaire’

Authorities in multiple Asian states have seized assets totaling close to $700 million from the Prince Group since the US and UK governments imposed sanctions on the group in mid-October

China Holds ‘Heavy’ Cards in High Stakes Rare Earth Power Play
China Holds ‘Heavy’ Cards in High Stakes Rare Earth Power Play

According to some analysts, the West will still rely on China for 91% of its heavy rare earths needs by 2030, down only slightly from 99% in 2024

Carbon Removal Credits in Short Supply As AI Firms Step Up Demand
Carbon Removal Credits in Short Supply As AI Firms Step Up Demand

Experts say the shortage triggered by surging demand is exactly what is needed to further drive up investment in the nascent market

China is ‘World’s Largest Creditor, Lends Most to US, Rich Nations’
EU To Reject India Demand For Carbon Tax Exemption — FT
Samsung To Make Record Investments At Home Amid US Deal Fears
Japan’s Economy Contracts as Car Exports Sink in 3rd Quarter
Yttrium is Latest Rare Earth Concern as Global Supplies Fall
Japan’s Megabanks Raise Profit Forecasts as Deflation Eases
US, Korea Reveal Details on Building Ships and Nuclear Subs

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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