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Latest: Asia Stock Market News

World Bank Push For More Funds, Ways to Fight Climate Change
World Bank Push For More Funds, Ways to Fight Climate Change

The World Bank has moved to alter its mission, lending tools and capacity to help countries shift from coal power to address climate change and other global crises

Tesla Makes China Chief Highest-Profile Executive After Musk
Tesla Makes China Chief Highest-Profile Executive After Musk

Zhu's title of Greater China VP remains unchanged and he continues to hold the position of the US electric vehicle-maker's most senior executive for sales in the rest of Asia

Asia Stocks Rally on China Recovery Hopes Despite Covid Surge
Asia Stocks Rally on China Recovery Hopes Despite Covid Surge

Investors were upbeat about China’s long-term prospects, banking on it emerging stronger after seeing out the current wave of virus infections

Sale of China Evergrande’s Hong Kong Head Office Fails Again
Sovereign Wealth Funds’ Historic Drop Despite Asia Mega-Deals
Asia Stocks Rally But Forecast Gloomy After Brutal Year
China’s Yuan on Course for Biggest Annual Loss in 28 Years
Vietnam’s Economy Hits Fastest Growth Rate Since 1997
China Industrial Profits Drop Further, But Growth Seen in 2023
Asian Stocks Rise as China Says Quarantine Rule Will End

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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