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Latest: Asia Stock Market News

Asia Stocks Slump as Credit Suisse Rescue Fails to Calm Nerves
Asia Stocks Slump as Credit Suisse Rescue Fails to Calm Nerves

Investors shied away from risky assets on Monday as the threat of a banking crisis in Europe weighed heavy on sentiment

Key China Evergrande Creditor Agrees to Debt Restructure Plan
Key China Evergrande Creditor Agrees to Debt Restructure Plan

The restructuring, worth $22.7 billion, is just part of Evergrande‘s total liabilities that amount to more than $300 billion

Rapid Rate Hikes Played Role in SVB Collapse: PBOC Official
Rapid Rate Hikes Played Role in SVB Collapse: PBOC Official

China's central bank argued that Silicon Valley Bank’s failure was partly the result of rapid interest rate hikes in Western economies

Beijing Ready to Let Foreign Financial Firms List in China
Volkswagen Joins China Price War as New Emissions Rule Looms
Asia Shares Rally as Fears of SVB, Credit Suisse Fallout Ease
Xi to Visit Russia From March 20-22 Amid Tense US Relations
Indian Startups Have ‘More Than $1 Billion’ in SVB
Baidu Shares Jump 14% as Users Test ChatGPT-Like Ernie Bot
India Using SWIFT Payment System For Dollar Trade With Russia

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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