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Latest: Asia Stock Market News

Chanel Fights South Korean Bulk Buyers Reselling Bags
Chanel Fights South Korean Bulk Buyers Reselling Bags

The storied French fashion and luxury company has seen traffic to its boutiques in South Korea skid since it began screening customers

Emerging Asia Bonds Attract Inflows for 21st Straight Month
Emerging Asia Bonds Attract Inflows for 21st Straight Month

Overseas investors purchased a combined net total of $6.01 billion in South Korean, Thai, Indian, Indonesian, and Malaysian bonds last month

Australia’s ASX Halts Futures, Options Trading After Glitch
Australia’s ASX Halts Futures, Options Trading After Glitch

Bourse operator says ASX24, its derivatives market, was placed into a halt around 10 a.m. Sydney time after the issue was found

Chinese Developer Yango Group Defaults on Onshore Bond
Australian Employment Surges in Covid-19 Rebound
Lawyers Warn of Russia Risks – Asia Business Law Journal
Xiconomics: China’s New Development Philosophy – Xinhua
LME Nickel Trading Halted Again After Deal Limit Error
Russia Isolated? You Must be Kidding – Eurointelligence
China Stocks in US Jump as Beijing Talks Up Foreign Listings

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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