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Latest: Asia Stock Market News

George Soros Doubts Xi Will Last, Warns Davos of World War III
George Soros Doubts Xi Will Last, Warns Davos of World War III

The legendary financier, speaking at the World Economic Forum, said the Chinese leader had made a series of mistakes which could cost him significant influence

Russia-Ukraine War Causes ‘Once in a Generation’ Food Crisis
Russia-Ukraine War Causes ‘Once in a Generation’ Food Crisis

The war in Ukraine has aggravated a global food crisis that is causing economic shockwaves around the world and could last for years, expert tells UN Security Council

Asia Stocks Slide as Covid Deepens China Growth Fears
Asia Stocks Slide as Covid Deepens China Growth Fears

Tech, industrial stocks pulled shares lower as Beijing imposed new Covid curbs and analysts downgraded their forecasts

Clamour in China To Reduce Reliance on Dollar – SCMP
Chinese Yuan Bonds See Record Weekly Outflow on Lower Yields
Asian Stocks Mixed Despite Biden’s China Tariffs Boost
China’s Yuan at Two-Week High as US Ponders Tariff Cuts
China Covid Shutdowns Slash Lithium Demand, Halt Price Surge
China Offers Easier Capital Market Access to Covid-Hit Firms
China Carbon Market Expansion Delayed – Caijing

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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