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Latest: Asia Stock Market News

US Sanctions 8 Chinese Drug Companies for Fentanyl Trade
US Sanctions 8 Chinese Drug Companies for Fentanyl Trade

The US has imposed sanctions on 28 people and entities, including a large Chinese network, accused of smuggling fentanyl precursor drugs and causing a vast number of deaths

Apple Implements Chinese App Store Rules Amid Tighter Scrutiny
Apple Implements Chinese App Store Rules Amid Tighter Scrutiny

Several app developers have taken to social media to voice concerns over Apple's decision, fearing the tech giant may further tighten rules to fully comply with China's tightening regulations

WTO Fights for Relevance Amid Disregard for Trade Rules
WTO Fights for Relevance Amid Disregard for Trade Rules

Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers

Hang Seng, Nikkei Slide on Interest Rate Pain Fears
US Warns China: Chip Export Curbs Will be Updated Soon
World Bank Says Asia Faces Worst Outlook in 50 Years – FT
Evergrande Chief Suspected Of Transferring Assets Offshore: WSJ
Nikkei U-Turns to Dip on Rate Worries, Hang Seng Closed
China-Western Tensions Reshaping Global Business
BOJ Not Afraid of Cost of Phasing Out Stimulus, Ueda Says

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Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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