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Latest: Asia Stock Market News

Asian Shares Boosted by Signs China is Winning Covid Fight
Asian Shares Boosted by Signs China is Winning Covid Fight

Stocks across the region recovered on Tuesday with tech firms leading the way in Hong Kong but inflation fears linger

Zhongliang Gets Nod to Swap Most 2022 Bonds to New Notes
Zhongliang Gets Nod to Swap Most 2022 Bonds to New Notes

The developer had been struggling to secure bondholders consent for the notes due in May and July 2022 totalling $729 million.

Tough Rules, Competition Stifling China Startup IPO Plans – Nikkei
Tough Rules, Competition Stifling China Startup IPO Plans – Nikkei

In 2021, more than 80 companies cancelled plans to list on Shanghai's tech-focused STAR market, double the number in 2020

India’s Record IPO Set for a Soft Debut on Bearish Sentiment
Asian Stocks Edge Ahead But China’s Covid Gloom Continues
IMF Boosts Yuan, Dollar Weightings in SDR Basket, Trims Euro
Asian Stocks Bounce Back But Covid, Ukraine, Inflation Weigh
Hong Kong Sells $1bn in Two Days to Defend Currency – SCMP
Nissan Says ‘No Decision’ Made on Spinning Off EV Unit
Zhongliang is Latest Developer Snared in China’s Debt Crisis

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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