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Latest: Asia Stock Market News

Surge of New Loans Issued in China in June, Analysts Say
Surge of New Loans Issued in China in June, Analysts Say

Chinese banks were seen to have issued 2.25 trillion yuan ($309.38 billion) in new yuan loans last month, compared to 950 billion yuan in May

Chinese Hackers Behind Malicious Cyber Operations: Australia
Chinese Hackers Behind Malicious Cyber Operations: Australia

A joint report led by the Australian Cyber Security Centre said China's APT40 hackers are regularly targeting private and state networks, to steal passwords and usernames

The World Needs China’s Legacy Chips, ASML CEO Says
The World Needs China’s Legacy Chips, ASML CEO Says

CEO of Europe's top chip-equipment maker says the auto industry needs a lot more chips that are made using simpler, long-known technologies

Bank of Japan Hails Progress on Big Pay Rises Helping Workers
Stabbing Attacks in China Spur Fears of Social Tension – FT
Samsung Workers Start 3-Day Strike in South Korea
China’s Central Bank to Begin Tweaking Bond Market Liquidity
Hungary’s Orban in China for Talks on ‘Ukraine Peace Mission’
Firms Look to Shift Taiwanese Staff Out of China After Threat
China Sees Energy Storage Boom, Battle to Ease Grid Bottlenecks

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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