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Latest: Asia Stock Market News

Chinese Developers’ Offshore Creditors Eye Bargains as Outlook Lifts
Chinese Developers’ Offshore Creditors Eye Bargains as Outlook Lifts

With Beijing stepping up support for the property sector, some offshore bondholders are looking for bargains amid hope China's cash-squeezed property sector will recover from its brutal slide

Asian Markets Rise After Powell Suggests Rate Hikes Set to Slow
Asian Markets Rise After Powell Suggests Rate Hikes Set to Slow

Federal Reserve chairman's remarks – that the US Fed could reduce the pace of its rate hikes this month – sends Wall Street equities soaring and lifts Asian markets in early trading

Asia Shares Lifted by Covid Jabs Vow But Factory Data Weighs
Asia Shares Lifted by Covid Jabs Vow But Factory Data Weighs

Poor factory output numbers out of Japan and China dampened the mood on trading floors despite hopes Beijing might ease its Covid curbs

China’s BYD to Sell its Electric Vehicles in Mexico in 2023
China Factory, Service Sectors Drop to Seven Month Lows
Covid Concerns Add to Apple’s Need to Diversify Out of China
Hang Seng Surge Leads Asia Rally on Covid Curbs Rumours
Yuan-Rouble Dealings Skyrocket as Russia Embraces the Redback
China Stocks Rebound on Hopes of Quicker Covid Loosening
China Covid Wave Halts Work at Volkswagen Plant in Chengdu

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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