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Latest: Asia Stock Market News

Bank of Japan Minutes Show Board Split On Plunging Yen
Bank of Japan Minutes Show Board Split On Plunging Yen

While one board member said a weak yen benefitted the economy given the global downturn, others were worried about excessive currency volatility

BlackRock Slashes Monthly Fees for China Funds – Ignites Asia
BlackRock Slashes Monthly Fees for China Funds – Ignites Asia

The move applies to the China New Horizon Mixed Securities Investment Fund and Hong Kong Stock Connect Long Horizon Mixed Securities Investment Fund

Prime Infrastructure Poised to Launch Philippines’ Biggest IPO
Prime Infrastructure Poised to Launch Philippines’ Biggest IPO

Prime Infrastructure is building the world's largest solar power facility combined with a 4,000-4,500 megawatt-hour battery energy storage system

Sri Lanka Creditors Form Group for Debt Restructuring Talks
Explainer: Why China’s Yuan is Weak and May Get Even Weaker
Asia Stock Markets Rebound as Bargain-Buyers Swoop
China Lithium Producer Tianqi Plans $1bn Hong Kong IPO – WSJ
Asia Stocks Slip as Global Recession Threat Looms Large
Global IPO Listings Plunge Amid Market Turmoil – Nikkei
NetEase Shares Tank on China Launch Delay of Diablo Immortal

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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