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Latest: Asia Stock Market News

China Policy Bank Boosts Carbon Sink Funds – Xinhua
China Policy Bank Boosts Carbon Sink Funds – Xinhua

Loans worth about 114.1 billion yuan have been issued over the past five years, promoting key ecological areas such as the national reserve forest construction

LME Benchmark Nickel Soars 15% to Hit Upper Limit
LME Benchmark Nickel Soars 15% to Hit Upper Limit

The price surge follows a record price spike last week, a six-day trading suspension, and then a restart hit by technical glitches

China Evergrande Says Banks Seized $2.1bn: Tweet of the Day
China Evergrande Says Banks Seized $2.1bn: Tweet of the Day

China expert Michael Pettis says how the matter is handled 'could have an adverse impact on the way insolvency occurs within China'

Asian Stocks Lifted by ‘Audit Concessions,’ Stimulus Hopes
Indonesia Seen Preparing Tough Curbs for Online Platforms
ZTE Shares Soar After US Judge Rules End to Probation
Lockdown in China’s Tangshan Prompts Jump in Steel Prices
Hyundai Shipyard Sells $300m in Green Bonds – Korea Herald
China-Owned Lanvin Hopes to Put US IPOs Back in Fashion
Geely Expects Chip Shortage, Rising Prices to Hit Profit

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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