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Latest: Asia Stock Market News

Smartphone Manufacturers Make Progress on Recycling
Smartphone Manufacturers Make Progress on Recycling

Momentum has gathered on reconditioned models that can be put back on the market, and the recycling of plastics and rare metals used in their manufacture

Asian Stocks Recover As Fed Eases Rate Fears But Oil Soars
Asian Stocks Recover As Fed Eases Rate Fears But Oil Soars

Fed chief Jerome Powell soothed concerns that officials could announce an aggressive 50-basis-point rate lift, while oil rose close to $120

Amazon Offers Dialogue to Halt Indian Legal ‘Whirlpool’
Amazon Offers Dialogue to Halt Indian Legal ‘Whirlpool’

Supreme Court gives two sides 10 days to find a possible solution after lawyer seeks dialogue with 'warring rivals' from its former partner Future Group to end legal battles

FTSE Russell, MSCI Remove Russian Equities From Indices
Accel Launches $650m VC Fund for India, Southeast Asia
Fitbit Recalls Taiwan-Made Watches Over Fire Risk
Ford Unveils New Structure to Accelerate EV Plans
China Won’t Gain From Russia Alliance, Economists Say
Stanmore Resources Digs In on A$500m Equity Deal – AFR
Hong Kong Regulators to Review Products – Standard

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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