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Latest: Asia Stock Market News

Covid Risk Keeps Businesses Shut Even as China Eases Curbs
Covid Risk Keeps Businesses Shut Even as China Eases Curbs

Cities that were already battling their most severe outbreaks saw a sharp decrease in economic activity after rules such as regular testing were scrapped

China’s Xi Urges Gulf Nations to do Energy Deals in Yuan
China’s Xi Urges Gulf Nations to do Energy Deals in Yuan

Crown Prince Mohammed bin Salman hosted two Arab summits with the Chinese leader, but any move by Saudi Arabia to ditch the dollar in its oil trade would be a seismic political move

‘Asia’s Lithium Capital’ Halts Production Amid Probe – SCMP
‘Asia’s Lithium Capital’ Halts Production Amid Probe – SCMP

Abnormal water quality has prompted concerns over the lithium being produced in the region, SCMP said

Asia Stocks Lifted by China Covid Curbs Roll-Back Hopes
Foxconn Invests $500 Million in India iPhone Factory
EU Escalates WTO Case Against China Over Patents, Lithuania
Asia Stocks Slip But Hang Seng Surges on Covid Curbs Hopes
China Buys Russian Oil at Deepest Discount in Months
EV Maker Vietnam’s First Company to List in US
Plunging Trade Risks China’s Status as the ‘World’s Factory’

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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