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Latest: Asia Stock Market News

Foreign Investors Dumped Stocks in India, Indonesia in April: IIF
Foreign Investors Dumped Stocks in India, Indonesia in April: IIF

After five months of inflows, foreign investment in emerging markets fell in April, according to the Institute of International Finance

China’s Manufacturing Falls in May as Property Crisis Weighs
China’s Manufacturing Falls in May as Property Crisis Weighs

Industrial activity declined in May in another sign that the $18.6 trillion economy is struggling to get back on its feet

Nikkei, Hang Seng Sink as Rate Cut Bets Fade, Bond Yields Spike
Nikkei, Hang Seng Sink as Rate Cut Bets Fade, Bond Yields Spike

The latest halt in the global risk rally comes on the back of data pointing to lingering inflationary pressures across major economies

US Looking to Fund Bird Flu Vaccine Trial by Moderna – FT
Global Funds Proving Popular in China as the Yuan Weakens
After Chips, China to Pour Millions Into Solid-State Batteries
Chinese Censors Block ‘Wealth Flaunting’ on Social Media – NBC
US Warns China of Sanctions: ‘Helping Russia Threatens Europe’
Nikkei, Hang Seng Slump as Bond Yields, Tech Shares Bite
Chip Giant Samsung Faces Union Mass Walkout Next Week

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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