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Latest: Asia Stock Market News

Apple, Foxconn Spur Landmark Labour Reforms in Indian State
Apple, Foxconn Spur Landmark Labour Reforms in Indian State

The legislation led to laws that give India's Karnataka state “one of the most flexible working regimes in India,” according to a report by the Financial Times

Asia Shares Slump on China Recovery Fears, US Banking Worries
Asia Shares Slump on China Recovery Fears, US Banking Worries

The Nikkei and Hang Seng were on the back foot on Friday with traders worried a too hawkish Fed is bringing stress to the US banking sector

Xi Clinches Unprecedented Third Term as China’s President
Xi Clinches Unprecedented Third Term as China’s President

Nearly 3,000 National People's Congress members voted unanimously in the Great Hall of the People for the 69-year-old in an election in which there was no other candidate

Silvergate Capital Shutdown Sparks Crypto Stocks Slide
Japan Lawmakers Rubber-Stamp Ueda as Next BOJ Governor
India Push to Settle Global Trade in Rupees ‘Not Without Risks’
Evergrande Races Court Deadline on Debt Restructuring Progress
Asia Stocks Dip on Rate Hike Worries, Weak China Demand
China Denies Alleged $9 Billion Australian Gold Doping Scandal
Dutch Set to Curb Exports of Key Chipmaking Machines to China

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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