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Latest: Asia Stock Market News

Emerging Asia Stocks Saw Biggest Foreign Outflows in 14 Years
Emerging Asia Stocks Saw Biggest Foreign Outflows in 14 Years

Foreigners sold equities worth $57 billion last year on exchanges in Taiwan, India, South Korea, the Philippines, Vietnam, Thailand and Indonesia

Asia Stocks Mixed on China Bounceback Bets, Rate Hikes Fears
Asia Stocks Mixed on China Bounceback Bets, Rate Hikes Fears

Investors were pulled in both directions on Wednesday with worries over more US interest rate hikes balanced off by hopes of a post-Covid China recovery

South Korea Eyes Huge Incentives for Chip Investments at Home
South Korea Eyes Huge Incentives for Chip Investments at Home

A dominant player in the global chip industry, the country hopes the incentives would help it cement the security of its supply-chain security while boosting the economy

India’s Service Sector Growth Rate Hits a Six-Month High
Foxconn to Use Nvidia Chips for Driverless Cars, EVs
Foxconn’s Covid-Hit China iPhone Plant Close to Full Recovery
World Bank Push For More Funds, Ways to Fight Climate Change
Tesla Makes China Chief Highest-Profile Executive After Musk
Asia Stocks Rally on China Recovery Hopes Despite Covid Surge
Sale of China Evergrande’s Hong Kong Head Office Fails Again

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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