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Latest: Asia Stock Market News

China’s New Home Prices Edge Up For Ninth Consecutive Month
China’s New Home Prices Edge Up For Ninth Consecutive Month

Last month, China announced "historic" steps to stabilise the sector, with the central bank easing mortgage rules and facilitating $140 billion in extra funding

India Market Watchers Eye Rally as Exit Polls Predict Modi Win
India Market Watchers Eye Rally as Exit Polls Predict Modi Win

Market analysts say the projections lifted uncertainty about the likely result and signalled the continuity of Modi's economic policies. But exit polls have a patchy record in India

Japan Spent Record $62 Billion in Failed Effort to Prop Up Yen
Japan Spent Record $62 Billion in Failed Effort to Prop Up Yen

Japanese authorities have not been able to make a sustained difference to the yen and are unlikely to keep the currency from hovering near crucial lows

US ‘Looking Closely’ at China Banks Over War Aid to Russia
Taiwan Says China Suppliers Trying to Poach Our Tech Staff
Nikkei Jumps, Hang Seng Loses Gains Ahead of Key Inflation Data
Temu, Shein Face Tough Online Content Rules As EU Users Soar
TikTok Denies Plan to Separate Core Algorithm For US, China
Trump Court Loss Draws Mirth, Big Interest in China – CNN
Foreign Investors Dumped Stocks in India, Indonesia in April: IIF

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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