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Latest: Asia Stock Market News

CanSinoBIO’s mRNA Covid Vaccine Cleared For Trials in China
CanSinoBIO’s mRNA Covid Vaccine Cleared For Trials in China

Chinese vaccine developer CanSino Biologics said on Monday its potential Covid-19 vaccine using mRNA technology has been approved by the medical products regulator to enter clinical trials

Sri Lankan Bid for Unity Government to Solve Economic Crisis
Sri Lankan Bid for Unity Government to Solve Economic Crisis

President Gotabaya Rajapaksa called for a unity government on Monday to deal with the economic crisis, as ministers and the central bank chief offer to resign and stock trading is halted

Economic Shift Guides Gulf States on Oil – China Daily
Economic Shift Guides Gulf States on Oil – China Daily

Saudi Arabia, UAE and Qatar—key members of the Organization of the Petroleum Exporting Countries—have remained hesitant to increase oil and gas exports

Tokyo Bourse’s Prime Section Debuts with 1,839 Firms – Nikkei
Chinese Trade With Russia Feels Sting of Ukraine, Sanctions
Asian Stocks Mixed as Ukraine Clouds China Stimulus Hopes
China Agrees to Roll Over Pakistan’s $4.2bn Debt – NDTV
China’s Factory Activity Falls at Sharpest Rate in Two Years
Hong Kong Faces Potential Interest Rate Shock, Nomura Warns
China Developers Among 32 Stocks Suspended in Hong Kong

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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