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Latest: Asia Stock Market News

US Envoy Kerry Wants World Bank to Lead Huge Climate Funding
US Envoy Kerry Wants World Bank to Lead Huge Climate Funding

Kerry wants a plan by April to reform multilateral development banks to unleash "hundreds of billions" of dollars to help vulnerable countries combat and adapt to climate change.

India’s RBI Opens Accounts for Trade With Russia – IndiaTimes
India’s RBI Opens Accounts for Trade With Russia – IndiaTimes

Central bank approves the opening of nine 'Vostro accounts' with local and Russian banks to facilitate trade in rupees, a top Commerce official said

Asia Won’t ‘Allow’ Cold War Attempts: Xi Jinping at APEC
Asia Won’t ‘Allow’ Cold War Attempts: Xi Jinping at APEC

Asia-Pacific is no one's backyard and should not become an arena for big power contest, the Chinese President said

Asia Stocks Slip on Recession, Rate Hikes, Chip Supply Fears
India’s Paytm Shares Slump 10% as SoftBank Cuts Stake
Taiwan Mulls More Tax Breaks For Tech R&D to Keep Chips Lead
Chip Stocks Plunge and Drag Asian Markets Lower
Asia Hedge Funds Dump JD.Com Stakes for Rival Pinduoduo
US Regulators Seen Getting Good Access to Chinese Firms’ Books
Tencent to Share $20bn Meituan Stake As Dividend Amid Job Cuts

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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