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Latest: Asia Stock Market News

‘Asia’s Lithium Capital’ Halts Production Amid Probe – SCMP
‘Asia’s Lithium Capital’ Halts Production Amid Probe – SCMP

Abnormal water quality has prompted concerns over the lithium being produced in the region, SCMP said

Asia Stocks Lifted by China Covid Curbs Roll-Back Hopes
Asia Stocks Lifted by China Covid Curbs Roll-Back Hopes

Gains were capped, though, by the overwhelmingly gloomy global picture and threat of recession in 2023

Foxconn Invests $500 Million in India iPhone Factory
Foxconn Invests $500 Million in India iPhone Factory

The announcement comes after reports last month that the Taiwan-based manufacturer plans to quadruple the workforce at its iPhone factory in India

EU Escalates WTO Case Against China Over Patents, Lithuania
Asia Stocks Slip But Hang Seng Surges on Covid Curbs Hopes
China Buys Russian Oil at Deepest Discount in Months
EV Maker Vietnam’s First Company to List in US
Plunging Trade Risks China’s Status as the ‘World’s Factory’
Asia Stocks Sink as Recession, China Covid Fears Weigh
China Makes Most Sweeping Changes Yet to Anti-Covid Policy

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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