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Latest: Asia Stock Market News

Japan to Revise Forex Law to End Crypto Sanctions Loophole
Japan to Revise Forex Law to End Crypto Sanctions Loophole

Japan will revise its Foreign Exchange and Foreign Trade Act in the current parliamentary session to prevent sanction-busting by Russia via digital assets, the Cabinet secretary said

China Industrial Profits Rise in January-February
China Industrial Profits Rise in January-February

Profits rose 5.0% from a year earlier, up from a 4.2% gain in December, the National Bureau of Statistics said

China Backs Bond Issues by Private Firms as Virus Hurts Economy
China Backs Bond Issues by Private Firms as Virus Hurts Economy

The China Securities Regulatory Commission said private firms in high-tech and strategic emerging industries will be allowed to issue technology and innovation corporate bonds

Why Chinese Investors Pay More for Same Shares – Nikkei
Iran Says Saudi-Kuwaiti Deal to Develop Durra Gas Field ‘Illegal’
Asia Stocks Struggle Over Delisting, Fed Rates Fears
Thai Central Bank Plans Rules on Virtual Banks, Open Banking
Yokohama Rubber Buys Swedish Wheel Systems Maker
Japan’s Shionogi Signs Deal to Supply Covid-19 Pill
Bank of Japan Chief Backs Weaker Yen as Currency Slumps

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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