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Latest: Asia Stock Market News

Shares of India’s Adani Group Plunge After Scathing US Report
Shares of India’s Adani Group Plunge After Scathing US Report

Shares of Adani companies fell on Wednesday after a report by Hindenburg Research accused the group of improper use of tax havens to manipulate stock prices

China’s CATL to Help Tap Into Bolivia’s Lithium Riches
China’s CATL to Help Tap Into Bolivia’s Lithium Riches

Chinese battery giant CATL is part of a consortium picked to help the South American country develop its huge lithium reserves

Nikkei Rallies on Wall St Tech Stocks Bump, Earnings Hopes
Nikkei Rallies on Wall St Tech Stocks Bump, Earnings Hopes

Tokyo’s benchmark index hit a one-month high with investors in positive mood ahead of a big earnings week in the US

Iranian Rial Down Nearly 30% Since September Unrest
China Decoupling Will Cost Jobs: Germany Finance Minister
Chip Stocks Lead Nikkei Rally on US Fed Rate Hike Hopes
Japan Warns of Tight Finances as BOJ Battles to Contain Yields
Apple ‘to Raise India Production to 25%’ in Retreat From China
Record Inflows to Emerging Market Funds After China Reopening
China Covid Curbs Rollback Hands Asia Markets $12.7bn Boost

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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