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Latest: Asia Stock Market News

Fitbit Recalls Taiwan-Made Watches Over Fire Risk
Fitbit Recalls Taiwan-Made Watches Over Fire Risk

US Consumer Product Safety Commission said in a recall notice that it received slightly more than 100 reports of wearers being burned

Ford Unveils New Structure to Accelerate EV Plans
Ford Unveils New Structure to Accelerate EV Plans

Conventional internal combustion operations will be known as "Ford Blue" while EV products will be run through "Ford Model e"

China Won’t Gain From Russia Alliance, Economists Say
China Won’t Gain From Russia Alliance, Economists Say

As Moscow stands to lean more on China as a trading partner, Chinese companies are likely to take market share from western suppliers

Stanmore Resources Digs In on A$500m Equity Deal – AFR
Hong Kong Regulators to Review Products – Standard
China’s 51job Agrees to $4.3bn Buyout – Business Times
Listed Companies Lag On Climate, China Firms Slow to Act
Asia Stocks Slump, Oil Soars As Ukraine War Fears Dominate
China Can’t Take Place of SWIFT System, Analysts Say
Russia’s FESCO to Accept Yuan Payments as Sanctions Bite

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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