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Latest: Asia Stock Market News

China Stocks Extend Surge on State Backing, Ukraine Hopes 
China Stocks Extend Surge on State Backing, Ukraine Hopes 

China tech stocks surged for a second day after the government vowed to ease a regulatory crackdown and on optimism over a Ukraine ceasefire.

China Cyberspace Regulator Sets Out ‘Clean’ Campaign Goals
China Cyberspace Regulator Sets Out ‘Clean’ Campaign Goals

Focus of the campaign will include "rectifying" multi-channel network firms, short video and livestreaming, as well as cracking down on internet rumours

Surging Metals Prices Put a Dent in Baosteel’s Profits
Surging Metals Prices Put a Dent in Baosteel’s Profits

Due to carbon and environmental curbs and the Russia-Ukraine conflict, the prices of commodities scaled fresh highs, affecting bottom lines

Chanel Fights South Korean Bulk Buyers Reselling Bags
Emerging Asia Bonds Attract Inflows for 21st Straight Month
Australia’s ASX Halts Futures, Options Trading After Glitch
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

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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