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Latest: Asia Stock Market News

Glencore Mine Expansion Blocked at Sacred Australia Site
Glencore Mine Expansion Blocked at Sacred Australia Site

The Northern Territory government halted expansion plans for the Anglo-Swiss company's McArthur River zinc and lead mine

New Zealand Rugby Seals US Private Equity Deal
New Zealand Rugby Seals US Private Equity Deal

The partnership will see Silver Lake put $134 million into a joint commercial entity, which will remain majority owned by the sporting body

China’s `Common Prosperity’ to Boost Middle-Class, UBS Says
China’s `Common Prosperity’ to Boost Middle-Class, UBS Says

The wealth management market could hit 214 trillion yuan ($34 trillion) in investable assets by high net worth individuals in 2030, a UBS report said

Australia’s Wesfarmers Group Sees First-Half Profit Dive
China Poised to Boost Global ESG-Labelled Bond Issuance
Rihanna, H&M Lingerie Company Up For Sale – FT
India’s IT Sector Grows Twice as Fast as Economy – ToI
CATL Considers More Factories Outside China – Caixin
Asia Markets Bounce Back As Russia-Ukraine Tensions Ease
Japan’s Kirin Holdings Sells Stake in China JV for $1bn

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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