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Latest: Asia Stock Market News

Tata Coffee Surges as Indian Stocks Hit Two-Month High
Tata Coffee Surges as Indian Stocks Hit Two-Month High

Tata Consumer said the plantation business would be included in its beverage and foods unit known for the Tetley and Tata Tea brands

Russia-Ukraine War Puts Indian Wheat in Spotlight
Russia-Ukraine War Puts Indian Wheat in Spotlight

Egypt is reeling from a surge in bread and flour prices after Russia's invasion of Ukraine closed off access to lower-priced Black Sea wheat

Covid-19 Outbreaks Stall Shanghai, Shenzhen IPOs Worth $9bn
Covid-19 Outbreaks Stall Shanghai, Shenzhen IPOs Worth $9bn

Over the past week, 15 companies seeking IPOs on Shanghai's tech-focused STAR Market have suspended listing applications, almost all citing impact from the epidemic

US Prosecutors Cast Doubt on Wife’s Testimony in 1MDB Trial
China’s Largest Banks Warn of Multiple Economic Headwinds
Japanese Yen Caught in Downward Spiral – Nikkei Asia
India Stands by Trade With Russia as Lavrov Set to Visit
Japan, US to Keep Close Watch on FX as Yen Hits 6-Year Low
Asian Shares Climb as Oil Eases on Shanghai Lockdown Fears
China’s Top Bankers Sleep in Offices as Shanghai Locks Down

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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