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Latest: Asia Stock Market News

Rio Tinto Begins Underground Mine Work in Mongolia
Rio Tinto Begins Underground Mine Work in Mongolia

Shares in Canadian subsidiary Turquoise Hill rose 16% in New York overnight after it said it expects to begin caving operations in the next few days

China Tech Giants Take Stakes in More Firms – Caixin
China Tech Giants Take Stakes in More Firms – Caixin

Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more

Most Asia Markets See Gains as Fed’s Big Day Arrives
Most Asia Markets See Gains as Fed’s Big Day Arrives

Hong Kong, Shanghai, Singapore, Wellington, Jakarta and Bangkok rose, while Tokyo, Seoul, Taipei and Manila edged down. Sydney and Mumbai were closed for holidays.

China’s Currency Hits Four-Year High as PBOC Stands Back
Evergrande Executives to Hold First Investor Call Since Default
Xi Says Low Carbon Push Must Guarantee Energy, Food Security
Indonesia Runs Early Tests to Produce Palm Oil Petrol
‘Teenage’ Bitcoin Correlates More Closely with S&P 500
IMF’s Gopinath Urges China to Ease Its Covid-19 Policy
Asia Markets Slump As Rate Hike Fears Bring Air Of Gloom

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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