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Latest: Asia Stock Market News

N Korean Hackers Used Cambodian Firm to Launder Stolen Crypto
N Korean Hackers Used Cambodian Firm to Launder Stolen Crypto

Huione Pay in Phnom Penh received crypto worth $150,000 from the Lazarus hacking group, two blockchain analysts say. But the central bank in Cambodia says the firm is not allowed to trade in crypto.

Cambo-Chinese Firm Tied to Crypto Scams, Money Laundering
Cambo-Chinese Firm Tied to Crypto Scams, Money Laundering

A crypto-tracing firm has identified a “multi-billion dollar marketplace used by online scammers” allegedly involved in laundering proceeds of scams around the world

Thai Economy Rocked by Factory Closures, Cheap Chinese Imports
Thai Economy Rocked by Factory Closures, Cheap Chinese Imports

Scores of companies have born the brunt of cheap imports from China and a slide in industrial competitiveness due to factors such as rising energy prices and an ageing workforce

Hang Seng Dips on Trump Fears, Stimulus Bets Lift China Stocks
China’s New Home Prices Fall at Fastest Pace Since 2015
China’s Growth Slows in 2nd Quarter, Downturn Hits Retail Sales
Climate Crisis Has Cost China Billions Already This Year
Suu Kyi Adviser Calls For Sanctions on Myanmar’s Central Bank
Germany to Cut Huawei, ZTE Parts in 5G Network From 2026
Conflicting Goals Could Limit Outcomes From China’s Plenum

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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