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Latest: Asia Stock Market News

China Carbon Market Expansion Delayed – Caijing
China Carbon Market Expansion Delayed – Caijing

China's plan to expand its carbon market to companies in the cement, aluminium and steel sectors could be set back till 2023 or 2024, China Dialogue reported on Friday

Asian Stocks Rebound After China Borrowing Rate Boost
Asian Stocks Rebound After China Borrowing Rate Boost

Stocks in Hong Kong, Tokyo and mainland China all advanced off the back of the higher-than-expected benchmark borrowing rate cut on Friday

HSBC Banker Denounces ‘Shrill’ Climate Risk Warnings
HSBC Banker Denounces ‘Shrill’ Climate Risk Warnings

Nicolas Moreau, chief executive of HSBC Asset Management, said that the remarks did not represent the bank’s views.

China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse
Australia’s Crown Casino Approves $6.3bn Sale to Blackstone
IMF Official Sounds Warning on Risks to Asian Economies
US Won’t Object to China’s ‘Strategic’ Russia Oil Purchases
Japan Consumer Prices Soar at Fastest Pace in Seven Years
China Tech Giants Listed in Hong Kong Plunge Again

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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