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Latest: Asia Stock Market News

Pentagon Backs US Funding For Strategic Mining in Australia, UK
Pentagon Backs US Funding For Strategic Mining in Australia, UK

Relying only on domestic or Canadian sources, the Department of Defense said, "unnecessarily constrains" the DPA programme's ability to "ensure a robust industrial base."

China Developer Sunac Misses $750m Bond Interest Payment
China Developer Sunac Misses $750m Bond Interest Payment

The developer had been planning to use presale funds due to pay $29.5 million in interest on the bond that was required to be repaid last month

Asian Stocks Mixed as Markets Await US Inflation Data
Asian Stocks Mixed as Markets Await US Inflation Data

China stocks closed higher as investors took comfort in lower Covid-19 cases, while US President Joe Biden's decision to consider eliminating Trump-era tariffs on Beijing lifted risk appetite.

VinFast May Put Off IPO To Next Year Amid Volatile Markets
US-Listed Property Platform KE Makes Hong Kong Debut
Nippon Steel to Launch Carbon-Neutral Production in 2024
Chinese Investors Avoid Stocks, Opting For Bonds, Deposits
Asia Stocks Slide as China Covid, Inflation, Ukraine Weigh
JD.com, Alibaba and China Tech Stocks Sink Further
Asia Stocks Suffer as Covid Curbs Bite Deep in China

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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