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Latest: Asia Stock Market News

War in Ukraine, China Lockdowns Causing a Plunge in World Trade
War in Ukraine, China Lockdowns Causing a Plunge in World Trade

Ukraine conflict has knocked 2.8% off world trade over last two months. And the Kiel Trade Indicator says China trade faces 'stagnation', due to the Covid lockdown in Shanghai

Korea Conglomerates in Battery Recycling Deal – Korea Times
Korea Conglomerates in Battery Recycling Deal – Korea Times

Samsung SDI, Hyundai Motor, SK On and LG Energy Solution are working to form a battery waste recycling alliance, as the electric vehicle sector is set for exponential growth, officials said

HSBC Raises Stake in Mainland Securities Arm to 90%
HSBC Raises Stake in Mainland Securities Arm to 90%

The Asia-focused lender acquired the additional stake from its joint venture partner Qianhai Financial Holdings, which retains a 10% stake

China Insiders in US Sell Early, Avoiding Billions in Losses
Global Dairy Prices Fall as Chinese Demand Evaporates
Key China Services Index Shows Steepest Drop in Two Years
South Korea to Add Hundreds More Flights as Covid-19 Ebbs
India Utility NPTC to Set 8-Year Coal Import Record
China Remains Vital as Sequoia Names New Senior Steward
Japan Services Shrink for Third Consecutive Month

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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