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Latest: Asia Stock Market News

China, Russia Are Trouble-Spots Likely to Spur Defaults – JPM
China, Russia Are Trouble-Spots Likely to Spur Defaults – JPM

JPMorgan says 20% of "junk-rated" companies in China and two thirds of them in Russia could default in the coming year

China Copper Firms Call For More Mining to Boost Supply
China Copper Firms Call For More Mining to Boost Supply

Mining industry leaders say they are concerned about global supply chains for the metal which is vital to the renewable energy and EV sectors

Asia Stocks Muted as US Mid-Terms, Inflation Data Weigh
Asia Stocks Muted as US Mid-Terms, Inflation Data Weigh

All eyes were on the United States and its Congressional elections, the outcome of which will be a key economic driver over the next couple of years

Japan’s Gadget-Lovers Turn to Old iPhones as Yen Tumbles
Market Turbulence Sparks China Onshore Bond Funds Surge
Gap to Sell China Units to E-Commerce Firm Baozun
Asia Shares Mixed as Investors Wait on US Mid-Terms Outcome
Nvidia Offers New Chip to China That Meets US Limits
China Plans Policy Improvements to Boost Private Investment
China Stocks Hedge Funds Slump 21% in 2022, HSBC Reports

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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