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Latest: Asia Stock Market News

Japan Trade Balance Widens on Record April Imports Bill
Japan Trade Balance Widens on Record April Imports Bill

Shoring up the prospects of a private demand-led recovery, however, was a gauge of capital expenditure that posted its first monthly gain in three months

Asia Stocks Gain Ground But Inflation, Growth Fears Dominate
Asia Stocks Gain Ground But Inflation, Growth Fears Dominate

Tokyo and Hong Kong advanced but traders remain concerned about surging global prices, war in Europe and Covid in China

Sri Lanka Braces for Ratings Default Over Missed Payments
Sri Lanka Braces for Ratings Default Over Missed Payments

Hit hard by the pandemic, rising oil prices and populist tax cuts, Sri Lanka's dire economic situation has led to spiralling inflation and shortages of essential supplies

More Crypto Wobbles as Deus Stablecoin Loses Dollar Peg
Foreign Investors Slash China Bond Holdings in April as Yuan Dives
China Tries to Soothe Tech Firms in Sign of Easing Crackdown
Japanese Economy Shrinks for First Time in Two Quarters
China’s Weak Yuan Also Suggests a Weak Stock Market: UBS
DBS Hong Kong to Help Fund Chinese-Built Wind Farm
Hong Kong’s Gusto Raises $11m to Boost Web3 Services

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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