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Latest: Asia Stock Market News

Vietnam Arrests CEO in Market Manipulation Probe
Vietnam Arrests CEO in Market Manipulation Probe

Do Duc Nam was accused of colluding with executives of two local companies, Louis Capital and Louis Land, to manipulate the companies' share prices

China, Hong Kong Stocks Slip as PBOC Freezes Lending Rates
China, Hong Kong Stocks Slip as PBOC Freezes Lending Rates

Markets were surprised by central bank’s caution knocking optimism over Beijing’s pledges to support China’s slowing economy

China Imports Less Crude Oil From Saudi Arabia, Russia
China Imports Less Crude Oil From Saudi Arabia, Russia

As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May

No Good or Bad Yen Exchange Rates, Japan Official Says
Tycoons Back Beijing Choice Lee for Top Hong Kong Job
Indonesia Posts Budget Surplus on Commodity Gains
Indonesia Launches Corruption Case Over Palm Oil Exports
China’s Yuan Falls to Six-Month Low Against US Dollar
Rio Tinto’s Iron Ore Output Falls 8% in First Quarter
Asian Financial Institutions May Retain Libor Until Next Year

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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