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Latest: Asia Stock Market News

Nepal’s Top Court Halts Sacking of Central Bank Chief
Nepal’s Top Court Halts Sacking of Central Bank Chief

Maha Prasad Adhikari was suspended on April 8 as governor of the central Nepal Rastra Bank by the government, which named his deputy the interim chief

Central Banks Prepare For First Ever Global Asset Cull
Central Banks Prepare For First Ever Global Asset Cull

Quantitative Tightening could hit weaker economies with high debt levels and “cause a ripple of sovereign debt crises around the world that disrupts markets” and affects developed nations

China Merchants Bank Shares Plunge as President Removed
China Merchants Bank Shares Plunge as President Removed

Shares of China's third largest bank fall 11.5% in Hong Kong after the bank's board said late on Monday it would remove Tian Huiyu from his role as president

Hang Seng Slides on Tech Firm Worries, Covid Fears
China EV Maker Leapmotor’s Sales Surge Boosts IPO Hopes
Yen Dips Again, Dollar Index Tops 101 for First Time in Two Years
Japan Finance Minister Makes Strongest Warning On Yen Slump
Asian Markets Hit by Inflation Fears, China Slowdown
China Bank Has $11bn Wiped Off Value on Probe Report – SCMP
BOJ’s Kuroda Warns Recent Sharp Yen Drop May Hit Businesses

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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