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Latest: Asia Stock Market News

US Signs Defence, Surveillance Pacts With Papua New Guinea
US Signs Defence, Surveillance Pacts With Papua New Guinea

US Secretary of State Antony Blinken signed a defence pact with Papua New Guinea on Monday. He and Indian PM Narendra Modi also met Pacific Island leaders at a regional forum

China Freezes Lending Rates, Weak Yuan Dashes Easing Hopes
China Freezes Lending Rates, Weak Yuan Dashes Easing Hopes

The People's Bank of China has held rates steady with a struggling yuan and widening bond yields the key factors in the central bank’s decision to stand firm

Indian Rupee Weakens as RBI Pulls Highest Value Currency Note
Indian Rupee Weakens as RBI Pulls Highest Value Currency Note

In contrast to the rupee, other Asian currencies were mostly higher after US Federal Reserve chairman Jerome Powell struck a moderately dovish stance

China Firms’ London, Zurich Listings Plans Under Threat
Nikkei Soars Again, Hang Seng Rallies on Tech Stocks Boost
India to Withdraw 2000-Rupee Notes Ahead of Elections
China Ready to Step in to Protect Under-Pressure Yuan: PBOC
India Regulator ‘Draws A Blank’ In Adani Foreign Links Probe
Bank of Japan Chief Ueda Vows to Stick With Easy Policy
Russia Gives China Access to Vladivostok After 163 Years – TC

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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