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Latest: Asia Stock Market News

Jobs data, Fed fears and Covid spikes continue to distract Asia’s markets
Jobs data, Fed fears and Covid spikes continue to distract Asia’s markets

Traders around the Pacific couldn’t keep pace with their Wall St colleagues where post-pandemic positivity pushed the numbers to record highs again

UK chancellor Sunak calls for closer financial ties with China
UK chancellor Sunak calls for closer financial ties with China

Rishi Sunak highlights £40-trillion ($55-trillion) Chinese financial services sector as a target for UK firms, as potential deal with EU...

Asia’s markets subdued as Covid casts a cloud over recovery hopes
Asia’s markets subdued as Covid casts a cloud over recovery hopes

Wall Street saw another record day but traders around the Pacific were less energetic as the spreading Delta variant of the virus sees lockdowns and restrictions return

Didi pulls off biggest Chinese US IPO since Alibaba, outperforms Uber launch
ChemChina’s $10bn Syngenta IPO set to be 2021’s biggest flotation
Asia’s markets trail in the wake of another Wall St record-breaker
Grocery app Dingdong rings the changes on US IPO target after Missfresh misstep
Traders concerned at Covid’s return drag Asian markets down
Facebook legal win takes value over $1 trln; Asian giants could benefit from rally
Regulator hits pause on game developer Krafton’s $5 billion IPO

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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