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Latest: Asia Stock Market News

Albanese Meets Xi, as Australia and China Eye Warmer Ties
Albanese Meets Xi, as Australia and China Eye Warmer Ties

Australian Prime Minister Anthony Albanese and Chinese President Xi Jinping had a formal meeting on Tuesday, which was the first by leaders of the two countries since 2016.

Bankrupt Crypto Exchange FTX Could Have 1 Million Creditors
Bankrupt Crypto Exchange FTX Could Have 1 Million Creditors

FTX founder and former chief executive Sam Bankman-Fried, said he expanded his business too fast and failed to notice signs of trouble at the exchange

Cold War Fears Ease as Xi, Biden Talk in First Meet Since 2017
Cold War Fears Ease as Xi, Biden Talk in First Meet Since 2017

"We're going to compete vigorously. But I'm not looking for conflict," US President Joe Biden said after meeting Xi on the sidelines of the G20 summit

Asia Stocks Rally on Sino-US Tensions Thaw, China Covid Hopes
Warren Buffett’s Berkshire Reveals $4bn Stake in TSMC
Asia Shares Pare Gains Over Fed Warning, China’s Covid Cases
TikTok Doubles Ad Revenue As Western Platforms Decline – NYT
China Property Stocks Soar Over Push to Boost Liquidity
Blackrock Shelves China Bond ETF – FT
End the Nightmare in Myanmar, UN Chief Urges ASEAN Leaders

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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