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Latest: Asia Stock Market News

Chinese PM’s Australian Tour Highlights Critical Minerals Race
Chinese PM’s Australian Tour Highlights Critical Minerals Race

Li Qiang ended his four-day trip to Australia on Tuesday with a visit to a lithium processing plant, after embassy officials 'clumsy' bid to hide jailed journalist from cameras

Buffett Sells Another $40 Million of Shares in China’s BYD
Buffett Sells Another $40 Million of Shares in China’s BYD

The investment mogul’s stake in the Chinese electric vehicle maker is effectively down more than 66%

Nikkei Slips Below 38,000; Weak China Data Drags Hang Seng
Nikkei Slips Below 38,000; Weak China Data Drags Hang Seng

Among the biggest drags on Nikkei was Toyota Motor, which slid 2.6% amid continued fallout from a safety test certification scandal

US House Backs Ban on Drones Made by China’s DJI – TH
China’s Probe Into EU Pork ‘Dumping’ Seen as Trade Retaliation
Brazil Set to Challenge China’s Stranglehold on Rare Earths
Weak Factory, Property Data Highlights China’s Uneven Recovery
US Trade Groups Want a Hearing on Biden’s China Tariffs Hike
BoJ Policy Lifts Nikkei, US Sanctions Fears Weigh on Hang Seng
Returns From AI Projects ‘Dismal’, Survey Finds – Register

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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