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Latest: Asia Stock Market News

Chinese Yuan Bonds See Record Weekly Outflow on Lower Yields
Chinese Yuan Bonds See Record Weekly Outflow on Lower Yields

Exchange-traded funds and foreign mutual funds that invest in Chinese yuan bonds saw a record outflow – of $2.3 billion – in the week to May 18, according to Refinitiv Lipper data

Asian Stocks Mixed Despite Biden’s China Tariffs Boost
Asian Stocks Mixed Despite Biden’s China Tariffs Boost

President Biden said he was thinking about dropping some of Trump’s China tariffs, which boosted sentiment but Covid and inflation still cast a shadow

China’s Yuan at Two-Week High as US Ponders Tariff Cuts
China’s Yuan at Two-Week High as US Ponders Tariff Cuts

China's yuan has seen its best week in about 18 months, extending gains on Monday against the dollar, as Shanghai lifted more Covid restrictions

China Covid Shutdowns Slash Lithium Demand, Halt Price Surge
China Offers Easier Capital Market Access to Covid-Hit Firms
China Carbon Market Expansion Delayed – Caijing
Asian Stocks Rebound After China Borrowing Rate Boost
HSBC Banker Denounces ‘Shrill’ Climate Risk Warnings
China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse

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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