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Latest: Asia Stock Market News

China Job Confidence Lowest Since 2009, Survey Shows
China Job Confidence Lowest Since 2009, Survey Shows

Nearly half of households surveyed by the PBOC in the second quarter think employment prospects remain "grim."

India Cement Maker Pays For $26m Russian Coal Cargo in Yuan
India Cement Maker Pays For $26m Russian Coal Cargo in Yuan

UltraTech Cement is bringing in 157,000 tonnes of coal from Russian producer SUEK and paying for it with Chinese yuan

Asia Stocks Slump as Global Recession Fears Deepen Gloom
Asia Stocks Slump as Global Recession Fears Deepen Gloom

Dismal consumer confidence data from the US sent Wall Street plunging and Asian markets followed in its wake

China’s Tianqi Lithium Seen Launching $2bn Hong Kong Listing
Low Inflation Keeps Japan on Ultra-Loose Monetary Track
Finance Expats Flee Singapore Restrictions – Sunday Times
Asia Stocks Lifted as China Eases Covid Curbs on Travellers
China’s Local Bond Issuance Hits a Record $210bn in June – Nikkei
China’s Yuan Reserve Pool Seeks to Limit Dollar Dominance
Asia Shares Surge as Easing Fed Rate Fears Boost Tech

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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