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Latest: Asia Stock Market News

China Stocks Looking at Worst Month in Six Years – FT
China Stocks Looking at Worst Month in Six Years – FT

Poor sentiment has pushed down the country’s CSI 300 stock benchmark 10% this month, as investors and analysts warn of more losses to come

Hong Kong Stock Exchange Profits Fall 30% in First Quarter
Hong Kong Stock Exchange Profits Fall 30% in First Quarter

Hong Kong Exchanges and Clearing net income fell 31% compared with the same period the previous year to HK$2.67 billion ($240 million)

Chinese-Owned Mine in Peru Plans to Evict Indigenous Settlers
Chinese-Owned Mine in Peru Plans to Evict Indigenous Settlers

Property owners in the South American country can attempt to evict trespassers by force within 15 days after they have settled in the property

Australia Inflation Soars as Country Braces for Tight Election
Samsung to Take Green Power Pledge in Shift to Renewable Energy
Vietnam Plans Renewable Energy Projects to Reduce Coal Use
Australian Lender Names New Chair After Years of Tumult
China Evergrande’s Hengda Wins Reprieve on Coupon Payment
South Korea’s SK Hynix Doubles Profit on Strong Chip Demand
Huawei Looks at 5G, Cloud as Path Beyond Sanctions

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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