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Latest: Asia Stock Market News

US Bans China Officials for ‘Repression’ of Tibetan Children
US Bans China Officials for ‘Repression’ of Tibetan Children

Secretary of State Antony Blinken urges China to end its "repressive assimilation policies" that force up to a million Tibetan children to leave their families and attend state boarding schools

Asia Stocks Surge to Break Week of Losses, Yields at New Highs
Asia Stocks Surge to Break Week of Losses, Yields at New Highs

Markets in Asia rose after a week of declines, with the Hang Seng Index rebounding nearly 1% as beaten down China shares climbed up, while the Nikkei was up by a similar amount

SoftBank’s Arm Stresses China ‘Risks’ in $60bn US IPO Filing
SoftBank’s Arm Stresses China ‘Risks’ in $60bn US IPO Filing

The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West

Rare Earth Magnet Firms Plan Vietnam Plants as China Hedge
China Fines Raided US Firm $1.5 Million for ‘Unapproved’ Work
VinFast US Shares Dive Nearly 60% in 3 Days After $85bn Listing
Hang Seng and Shanghai Hit 9-Month Lows, Nikkei Edges up
China Looking Into Second National For ‘Spying’ For US
China’s State Banks Seen Buying Yuan in Offshore Markets
Key Bangladeshi Bank Freezes Myanmar Regime Accounts

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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