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Latest: Asia Stock Market News

China Evergrande Pledges to Finish At Least 31 Projects
China Evergrande Pledges to Finish At Least 31 Projects

Beleaguered developer has sought to ease investor anxiety by announcing that work on further unfinished sites has resumed.

China EV Sales Nearly Triple In 3rd Quarter, Says Fitch
China EV Sales Nearly Triple In 3rd Quarter, Says Fitch

Battery-powered cars increased their share of total passenger vehicle sales in China to 18.6% from 13.2% in second quarter

China Industrial Profits Accelerate in September
China Industrial Profits Accelerate in September

Statistics bureau notes particularly strong gains in mining and energy amid surge in price of coal over recent months

Chinese Tech Indices Rebound After Beijing Crackdown: FT
RBI Opens Real Estate Debt Papers To Foreign Investors: ET
Asia Markets Rise Despite China Lockdowns, Inflation Threat
Modern Land Becomes Latest Chinese Developer to Default
China Evergrande EV Unit Shares Jump On Business Shift
Tesla Joins $1 Trillion Club On Record Hertz Order
China Covid Outbreak Spreads Concern Across Trading Floors

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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