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Latest: Asia Stock Market News

Tesla Pauses Shanghai Gigafactory Production Amid Covid Surge
Tesla Pauses Shanghai Gigafactory Production Amid Covid Surge

Tesla and its suppliers have been falling sick in the current wave of infections in China, posing challenges to operations at the plant

Huawei Banks on Tech Patents As New Revenue Source – Nikkei
Huawei Banks on Tech Patents As New Revenue Source – Nikkei

The struggling tech firm has reached licensing deals with top carmakers, including European giants like Audi, Porsche, Renault and Lamborghini

250 Million Chinese Caught Covid in 20 Days, Say Officials – FT
250 Million Chinese Caught Covid in 20 Days, Say Officials – FT

At least 37 million people caught the virus on Tuesday alone, according to data presented in a closed-door meeting

Asia Stocks Slide on Fed Rate Hike Fears, China’s Covid Woes
Asia Stocks Rally on US Consumer Lift But China Covid Weighs
Soaring Dollar’s Bull Run Ends as BOJ Comes in From The Cold
Corporate China in ‘Deep Trouble’ as Covid Infects Workforce
Asia Stocks Mixed as BOJ Boost Offset by Gloomy Outlook
Rules on ESG, Sustainable Business Seen Getting Tougher
Asia Stocks Slip on BOJ’s Shock Move, China’s Covid Crisis

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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