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Latest: Asia Stock Market News

China Sets up Tracking System to Trace Its Rare Earth Magnets
China Sets up Tracking System to Trace Its Rare Earth Magnets

China has introduced a tracking system for rare-earth magnets; producers have to submit details online on trading volumes and client names, as it looks to curb access

Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk
Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk

China's failure to lift export curbs on critical minerals, as promised in Geneva, has heightened concerns by carmakers and other firms that rely on rare earths

New South Korean President Unlikely to Rush Into US Trade Talks
New South Korean President Unlikely to Rush Into US Trade Talks

South Korea’s newly elected leader President Lee Jae-myung is not looking for an early trade deal with the US

Tesla’s China-Made EV Sales Slump For Eighth Consecutive Month
Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’
Carmakers Stressed by China’s Curbs on Critical Mineral Exports
US Wants Vietnam To Cut Trade With China As Part Of Tariff Deal
North Korean Phone Appears to Monitor User’s Activity – BBC
China’s Intense EV Price War Taking a Toll on Car Dealers
Factory Activity in China Slumps to Lowest in Nearly Three Years

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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