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Latest: Asia Stock Market News

Bondholders a Bigger Worry in Africa Than China Debt Traps – SCMP
Bondholders a Bigger Worry in Africa Than China Debt Traps – SCMP

China is the continent's biggest bilateral creditor but most debt is due to private Western holders of African debt, the report says

Asian Stocks Edge Ahead as Traders Wait on US Jobs Data
Asian Stocks Edge Ahead as Traders Wait on US Jobs Data

Japan’s Nikkei ended the week on a two-month high but trading was thin with markets in Hong Kong and China closed

Sri Lanka Seeks $6bn to Repay Fuel Bills, Bolster Forex
Sri Lanka Seeks $6bn to Repay Fuel Bills, Bolster Forex

Prime Minister Ranil Wickremesinghe, who took office last month, has raised taxes to shore up government revenues and plans to cut expenditure

Indonesia Sells $624m Samurai Bonds to Plug Fiscal Deficit
Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’
South Korea Inflation Rises at Fastest Pace in Almost 14 Years
Asian Shares Dip as Inflation, Recession, Oil Fears Weigh
Tesla’s Elon Musk Criticised Over Back-to-Work Order
Ant Group Names HKEX Chair Laura Cha to Board
China Local Governments Issue $302bn in Special Bonds This Year

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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