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Latest: Asia Stock Market News

China’s Key Money Rate Sinks Close to 2-Year Low
China’s Key Money Rate Sinks Close to 2-Year Low

Beijing is propping up its slowing economy by keeping money rates low. On Monday China's central bank drained 170 billion yuan on a net basis via seven-day reverse repos

Western Nations Must Avoid China Dependency: NATO Chief
Western Nations Must Avoid China Dependency: NATO Chief

"We cannot give authoritarian regimes any chance to exploit our vulnerabilities and undermine us," NATO chief Jens Stoltenberg said

Asia Stocks Slip as China’s Covid Woes, Recession Fears Weigh
Asia Stocks Slip as China’s Covid Woes, Recession Fears Weigh

With new Covid lockdowns imposed in Beijing and Guangzhou, investors were in pessimistic mood about China’s economic prospects

TSMC to Launch New Arizona Chip Plant on December 6
Xi Jinping Calls For Free Trade at APEC Leaders Summit – GT
China Must Pay Up For Climate Damage, Says Germany
Asia Stocks Slide on Fed Rate Hike Warnings, China Covid
Foreign Investors Pile Bets on China’s Economy Reviving – FT
US Regulator Warns Against Chinese ‘Pump-And-Dump’ IPOs
India’s Modi, UK’s Sunak Eye ‘First of a Kind’ Trade Deal

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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