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Latest: Asia Stock Market News

China Stocks Boosted by Stimulus Pledge, Falling Covid Cases
China Stocks Boosted by Stimulus Pledge, Falling Covid Cases

China’s Premier Li Keqiang promised to revive disrupted supply chains, as a further fall in daily Covid cases in the country also lifted sentiment across the region

Huawei Revenues Drop 13.9% as Handset Share Declines
Huawei Revenues Drop 13.9% as Handset Share Declines

Huawei held just 6.2% of the China handset market in the first quarter, research firm Counterpoint Research said on Thursday.

StanChart Profit Rises 6% Despite Covid Hit to China Units
StanChart Profit Rises 6% Despite Covid Hit to China Units

The bank's China business in particular suffered branch closures amid ongoing virus restrictions, which drove an 18% decline in wealth management income

Yen Plunges as BoJ Vows to Hold Bond Yields at Zero
China’s BYD Posts 241% Profit Rise on EV, Battery Demand
Archegos Founder Hwang Faces 11 Charges – Telegraph
Chinese Display Company Ostin Soars 890% in Nasdaq Debut
China’s Sinopec Posts Profit Rise, Takes Hit on LNG Imports
Samsung Banks on Chip Demand as Profits Rise 51%
China Stocks Rally But Still Set for Worst Fall in Six Years

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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