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Latest: Asia Stock Market News

Japan Faces Possible GDP Downgrade, BOJ Policy Impacts
Japan Faces Possible GDP Downgrade, BOJ Policy Impacts

Tokyo has said it will revise first-quarter GDP figures to correct construction orders data and announce the outcome on July 1. Analysts fear it could affect BOJ forecasts and its next rate hike

SK Group Eyes Major Overhaul Amid Losses At Battery, Chip Units
SK Group Eyes Major Overhaul Amid Losses At Battery, Chip Units

The conglomerate will look at options from mergers to divestments as it seeks to manage its many subsidiaries and bloated main businesses weighing on its finances

Japan Hits 11 Firms, 5 States with Ukraine Sanctions – Nippon
Japan Hits 11 Firms, 5 States with Ukraine Sanctions – Nippon

Tokyo imposed asset freezes and export bans on 11 companies, plus groups in five countries last Friday over sanctions related to Russia's invasion of Ukraine

Canada Mulls Import Tariffs on Chinese EVs as Pressure Builds
Bank of Japan Seen Hinting at Rate Hikes Next Month
US Review of Chinese Telecom Firms for Internet, Cloud Risks
Chinese Firms Seek Malaysian Help to Avoid US Tariffs: FT
China’s Shein Files For Potential London IPO as US Plans Stall
Deepfake of Asia’s Richest Man Used in India Stock Market Scam
HK Court Gives China’s Kaisa 7 Weeks to Finalize Debt Plan

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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