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Latest: Asia Stock Market News

China Stocks Slump Again as Beijing Covid Surge Weighs
China Stocks Slump Again as Beijing Covid Surge Weighs

Market attention has now jumped to China’s capital where authorities are in a race to keep a lid on the latest coronavirus outbreak

Ukraine War Spurs ‘Unprecedented’ China Outflows – CNN
Ukraine War Spurs ‘Unprecedented’ China Outflows – CNN

Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says

China’s Data Law Blurs True Shanghai Trade Picture
China’s Data Law Blurs True Shanghai Trade Picture

New law restricts firms from releasing real-time data, which is a big concern for trading companies and logistics managers trying to follow supply chain movements

China Stocks Plummet to Two-Year Lows on Covid Fears
Taiwan Exonerates Foreign Brokers over TSMC Reports
Chinese Yuan Slips to One-Year Lows, Extending Losses
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

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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