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Latest: Asia Stock Market News

HSBC Banker Denounces ‘Shrill’ Climate Risk Warnings
HSBC Banker Denounces ‘Shrill’ Climate Risk Warnings

Nicolas Moreau, chief executive of HSBC Asset Management, said that the remarks did not represent the bank’s views.

China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels
China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels

Customs data on Friday showed that China more than doubled its imports of Russian coking coal in April, taking advantage of a large discount compared to other sources

TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse

The LKB & Partners law firm filed a lawsuit against Terraform Labs co-founders Do Kwon and Daniel Shin, the Seoul-based Munwha Ilbo newspaper reported

Australia’s Crown Casino Approves $6.3bn Sale to Blackstone
IMF Official Sounds Warning on Risks to Asian Economies
US Won’t Object to China’s ‘Strategic’ Russia Oil Purchases
Japan Consumer Prices Soar at Fastest Pace in Seven Years
China Tech Giants Listed in Hong Kong Plunge Again
New Hong Kong Stock Listings Plunge 90% This Year
Asia Stocks Slide Over Inflation, China Growth Worries

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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