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Latest: Asia Stock Market News

Global Warming Rocks the Qinghai-Tibet Plateau – China Dialogue
Global Warming Rocks the Qinghai-Tibet Plateau – China Dialogue

Glaciers at the source of some of Asia's biggest rivers are melting faster, with glacial lakes getting bigger and more likely to collapse and create 'outburst floods', a new report says

Chip Arm Losses Tank Samsung’s Second-Quarter Profits by 96%
Chip Arm Losses Tank Samsung’s Second-Quarter Profits by 96%

The South Korean tech giant estimated its Q2 operating profit fell to $459 million, the lowest for any quarter since the first half of 2009

Amid Tense Ties, US Begins Fresh China Audit Inspections
Amid Tense Ties, US Begins Fresh China Audit Inspections

About a dozen Chinese firms, including Tencent Music Entertainment Group, Didi Global and NetEase, are likely to be inspected in a fresh round of routine checks

Yellen Urges Reforms, Hits at China’s ‘Unfair’ Actions on US Firms
Nikkei, Hang Seng in Retreat as More Rate Hikes Loom
China’s Ant Group Facing $1.1bn Fine, to End PBOC Revamp
China Metal Curbs, Rare Earths Risks Fuel Hunt For Safe Sources
China’s Xi Warned Putin Against Using Nukes in Ukraine – FT
Weak Yuan Boosts Chinese Stampede for Hong Kong Insurance
Hang Seng Slumps on Rate Hike Fears, Chip Woes Drag on Nikkei

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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