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Latest: Asia Stock Market News

Beijing-Washington ‘Setting the Stage’ for Xi Jinping US Visit
Beijing-Washington ‘Setting the Stage’ for Xi Jinping US Visit

While the planned diplomatic exchanges are aimed, in part, at restoring ties, Xi is also said to be hoping they will slow down Washington’s trade and tech war targeting Beijing

China Evergrande Chairman ‘Suspected of Crimes’, Company Says
China Evergrande Chairman ‘Suspected of Crimes’, Company Says

In a filing to Hong Kong Stock Exchange, Evergrande said it had been told by authorities that Hui "has been subject to mandatory measures" due to suspicion of unspecified crimes

Hang Seng Rallies on Wall St Gains, Nikkei Slips on Data Fears
Hang Seng Rallies on Wall St Gains, Nikkei Slips on Data Fears

There was an air of caution on trading floors at the end of the week with Treasury yields, high interest rates and China’s woes all weighing on sentiment

US Accuses China of Moves to Manipulate Global Media Coverage
China Vows Anti-Corruption Crackdown on Financial Sector
Rates Fears Weigh on Nikkei, Property Slump Hits Hang Seng
Shares of China Evergrande, Its Property and EV Units Suspended
US to ‘Indefinitely Extend’ China Chip Waivers For South Korea
China Ramping up Its Nuclear Power Capacity – Xinhua
Apple Missing From China’s List Of App Stores Meeting New Rule

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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