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Latest: Asia Stock Market News

Australia’s Falling Jobless Numbers Fuel Talk of Rates Rise
Australia’s Falling Jobless Numbers Fuel Talk of Rates Rise

The fall in unemployment will be welcomed by Prime Minister Scott Morrison, who has made jobs the clarion cry of his election campaign ahead of the vote on Saturday

Japan Trade Balance Widens on Record April Imports Bill
Japan Trade Balance Widens on Record April Imports Bill

Shoring up the prospects of a private demand-led recovery, however, was a gauge of capital expenditure that posted its first monthly gain in three months

Asia Stocks Gain Ground But Inflation, Growth Fears Dominate
Asia Stocks Gain Ground But Inflation, Growth Fears Dominate

Tokyo and Hong Kong advanced but traders remain concerned about surging global prices, war in Europe and Covid in China

Sri Lanka Braces for Ratings Default Over Missed Payments
More Crypto Wobbles as Deus Stablecoin Loses Dollar Peg
Foreign Investors Slash China Bond Holdings in April as Yuan Dives
China Tries to Soothe Tech Firms in Sign of Easing Crackdown
Japanese Economy Shrinks for First Time in Two Quarters
China’s Weak Yuan Also Suggests a Weak Stock Market: UBS
DBS Hong Kong to Help Fund Chinese-Built Wind Farm

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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