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Latest: Asia Stock Market News

Dollar Continues Rally, Climbs 24-Year Peak Against Yen
Dollar Continues Rally, Climbs 24-Year Peak Against Yen

The dollar climbed to as high as 137.28 yen in morning trading, its highest since late 1998 before lightly paring those gains

Evergrande Bondholders Dismiss Plan to Delay $671m Payment
Evergrande Bondholders Dismiss Plan to Delay $671m Payment

Evergrande said it is in negotiations with bondholders to reach a deal as soon as possible, its statement to the Shenzhen Stock Exchange showed

Beijing Fines Alibaba, Tencent for Disclosure Violations
Beijing Fines Alibaba, Tencent for Disclosure Violations

The China State Administration for Market Regulation, which is responsible for stopping monopolistic behavior, has fined Alibaba, Tencent and numerous other companies.

Asian Stocks Mixed as Ex-Japan PM Abe’s Death Stuns Markets
India’s HDFC Bank Aided Yuan Trade in Russian Coal
Foreign Investors Pump $5.8bn Into China ETFs in June – FT
Climate Change Controversy Banker Quits HSBC
Li Says Chinese Economy ‘Not Solid’ as Analysts Doubt Recovery
Bond Market Volumes Drop as Asia Firms Turn to Bank Loans
Asia Stocks Rally on US Fed Lift, Samsung Earnings Boost

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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