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Latest: Asia Stock Market News

US Rate Bets See Yen Post Biggest Weekly Gain in 4 Months
US Rate Bets See Yen Post Biggest Weekly Gain in 4 Months

The Japanese currency was boosted by bets US interest rates are close to a peak after the world's biggest economy contracted in the June quarter

Asia Stocks Slip Amid US Recession, China Crackdown Fears
Asia Stocks Slip Amid US Recession, China Crackdown Fears

Sharp falls in Hong Kong were led by its major tech firms as investors worried about more regulatory clampdowns

‘Common Prosperity’ Drive Cuts China Bankers’ Pay Packets
‘Common Prosperity’ Drive Cuts China Bankers’ Pay Packets

The policy, driven from the top by Chinese leader Xi Jinping, has resulted in pay cuts and delayed bonuses for staff of state-owned lenders such as CICC and Citic Securities

IMF Receptive to Bangladesh Request for $4.5bn Loan
Companies to Cut Back Asia Capex as Recession Looms
Inflation to Force Interest Rate Rises in Asia, IMF Warns
Pakistan Lifts Two-Month Ban on Non-Essential Imports
Japanese Factory Output Sets Fastest Pace in Nearly a Decade
China, Switzerland Launch Latest Leg of Cross-Listings Bourse
Asian Stocks Rally as Fears Ease Despite Fed Rates Gloom

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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