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Latest: Asia Stock Market News

Beijing to Ban All Pre-School Tutoring Apps
Beijing to Ban All Pre-School Tutoring Apps

Beijing's education regulator has told operators of mobile apps for training and educating pre-school children to 'cease all operations', while those for older children must register with officials

China Frenzy Over Infrastructure REITs as Stocks Struggle
China Frenzy Over Infrastructure REITs as Stocks Struggle

China's plan to increase fixed-asset spending has drawn investors to infrastructure REITs with one rising more than 45% this year.

China’s Meituan Shares Fall 15% Over New Fee Guidelines
China’s Meituan Shares Fall 15% Over New Fee Guidelines

Shares in food delivery giant plunged after the state planner called for a cut in fees for restaurants to reduce their costs, while tech stocks were also hit by a warning on metaverse fundraising

Asian Markets Mixed as Ukraine Fears Return, Oil Drops
Swiss Gold Exports to China Rise as Price Breaches $1,900
Philippines Seeks Support for $500m Green Bonds Issuance
UN Plans Tougher Emissions Standards for Aircraft
China Developer Stocks Jump on Banks’ Down-Payment Moves
Elon Musk Attacks US Regulator, Compares Trudeau to Hitler
Yuan Holds No. 4 Spot in World Payments Rankings – 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