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Latest: Asia Stock Market News

China Stocks Plummet to Two-Year Lows on Covid Fears
China Stocks Plummet to Two-Year Lows on Covid Fears

China’s worsening Covid situation saw its stock markets suffer their worst day in 27 months with investors worried over its impact on global supply chains

Taiwan Exonerates Foreign Brokers over TSMC Reports
Taiwan Exonerates Foreign Brokers over TSMC Reports

Lawmakers had questioned whether the foreign brokerages were making buy recommendations but actually selling TSMC shares

Chinese Yuan Slips to One-Year Lows, Extending Losses
Chinese Yuan Slips to One-Year Lows, Extending Losses

Sentiment was undermined by fears strict lockdown measures will spread to Beijing, after the capital required everyone living or working in Chaoyang district to take Covid tests this week

Asian Stocks Slide, Dollar Soars As Rate Hike Concerns Weigh
Beijing on High Covid Alert After Cases Found – SCMP
Guangzhou Gives China’s First Robotaxi Licence to Pony.ai
Equity Funds Hit With Biggest Weekly Withdrawals This Year
Taiwan Keen to be Part of Global Green Supply Chain
India Seen Chopping LIC’s IPO Target to $3.9bn
SEC Delisting Warning Skewers Zhihu’s Hong Kong IPO

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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