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Latest: Asia Stock Market News

China Buys Australian Cotton in Anticipation of Trade Ban Lift
China Buys Australian Cotton in Anticipation of Trade Ban Lift

China imported 20,000 tonnes of Australian cotton in 2022, compared to 400,000 in 2019, according to Chinese customs data.

Australia Was China’s Top Trade Restrictions Target – Study
Australia Was China’s Top Trade Restrictions Target – Study

The report examined what it said were 73 "coercive PRC actions" recorded between 2020 and 2022, of which 21 were taken against Australia

China Asks State Firms to Drop Big Four Auditors Over Data Fears
China Asks State Firms to Drop Big Four Auditors Over Data Fears

Chinese authorities have urged state-owned firms to stop using the four biggest global accounting firms over concerns about data security

Asian Stocks Drop on Ukraine Tensions, US Inflation Fears
China’s Xi Planning Russia Visit to Boost ‘Rock Solid’ Ties
India and Singapore Launch First Overseas Payments Link
Critical China Factory Hubs Face Greatest Climate Change Risk
Adani to Prepay $121 Million Loan as Market Value Drops 57%
Hang Seng, Nikkei Slip on Ukraine Fears, Rate Hike Worries
China Bank Reassures Staff Over Star CEO’s Disappearance

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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