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Latest: Asia Stock Market News

Nikkei, Hang Seng in Retreat as More Rate Hikes Loom
Nikkei, Hang Seng in Retreat as More Rate Hikes Loom

Asian investors recoiled on Friday as the spectre of another round of central bank tightening cast a shadow across trading floors

China’s Ant Group Facing $1.1bn Fine, to End PBOC Revamp
China’s Ant Group Facing $1.1bn Fine, to End PBOC Revamp

The penalty will pave the way for fintech giant to become a financial holding company and eventually allow it to revive its plan for a stock market listing.

China Metal Curbs, Rare Earths Risks Fuel Hunt For Safe Sources
China Metal Curbs, Rare Earths Risks Fuel Hunt For Safe Sources

Firms across the globe are scrambling to assess the impact on supply chains from restrictions China announced this week, with a focus on finding alternatives for key components

China’s Xi Warned Putin Against Using Nukes in Ukraine – FT
Weak Yuan Boosts Chinese Stampede for Hong Kong Insurance
Hang Seng Slumps on Rate Hike Fears, Chip Woes Drag on Nikkei
China Scraps Top EU Envoy’s Trip Amid Chip Metal Curbs Backlash
Big Funds Eye Tokyo Amid Negative Sentiment on China Stocks
Hang Seng Slips on China Data, Nikkei Cools After Record Push
Curbs on Chipmaking Metals ‘Just The Beginning’, China Warns

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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