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Latest: Asia Stock Market News

Myanmar-China Traders Battered by Forex Rates, New Rules
Myanmar-China Traders Battered by Forex Rates, New Rules

The traders have been critical of the gap between the market rate and the regulated exchange rate of the local kyat and US dollar, The Global New Light of Myanmar said.

Beijing Creates Plan to Halt Most US Delistings – FT
Beijing Creates Plan to Halt Most US Delistings – FT

A system of three groups will be prepared and submitted to Washington, organised by the sensitivity of the companies' data, the FT said

China Pledges Support to Sri Lanka’s New President
China Pledges Support to Sri Lanka’s New President

Xi Jinping said Sri Lanka will be able to move towards economic and social recovery and he is "ready to provide support and assistance to the best of my ability"

Singapore’s Phillip Launches Asian Hours Trading in US Stocks
Pakistan Rupee Falls Again, Deepening Economic Crisis
Indonesia Sets Higher Standards for Peer-to-Peer Lenders
Russia May Ban Some Foreign Share Purchases as Investors Eye China
Asia Shares Rally But China Covid Flare-Ups Cap Gains
China’s Carbon Market Hampered by Fraud, ‘Weak’ Design
Foreign Investors Exit China Bonds for Fifth Straight Month

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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