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Latest: Asia Stock Market News

Beijing, Shanghai Resume ‘Normal Routine’ Amid Raging Covid
Beijing, Shanghai Resume ‘Normal Routine’ Amid Raging Covid

Subway trains in Beijing and Shanghai were packed, while some major traffic arteries in the two cities were jammed with slow-moving cars

Taiwan Reports Largest Chinese Air Force Incursion Yet
Taiwan Reports Largest Chinese Air Force Incursion Yet

Taiwan assessed China had staged the military "provocation" to express anger at a new US defence authorisation law

China Factory Hub Zhejiang to See 2 Million Daily Covid Cases
China Factory Hub Zhejiang to See 2 Million Daily Covid Cases

Analysts have warned the world's second-largest economy is "entering the most dangerous weeks of the pandemic"

Tesla Pauses Shanghai Gigafactory Production Amid Covid Surge
Huawei Banks on Tech Patents As New Revenue Source – Nikkei
250 Million Chinese Caught Covid in 20 Days, Say Officials – FT
Asia Stocks Slide on Fed Rate Hike Fears, China’s Covid Woes
Asia Stocks Rally on US Consumer Lift But China Covid Weighs
Soaring Dollar’s Bull Run Ends as BOJ Comes in From The Cold
Corporate China in ‘Deep Trouble’ as Covid Infects Workforce

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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