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Latest: Asia Stock Market News

Asian markets see minor shifts with traders’ eyes on the Fed again
Asian markets see minor shifts with traders’ eyes on the Fed again

Trading overshadowed by concerns over what Washington will do if its post-pandemic recovery heats up its economy a little too much

Adani share fight-back after ‘erroneous’ foreign funds freeze report
Adani share fight-back after ‘erroneous’ foreign funds freeze report

Stocks in several of the Indian conglomerate’s companies took a hit following the National Securities Depository’s announcement it had frozen the accounts of three of its stakeholders

Nikkei edges up on holiday-hit trading day in Asia
Nikkei edges up on holiday-hit trading day in Asia

Tokyo stocks crept higher but business was light as traders looked to the next Fed announcement on how the US will deal with its post-pandemic boom

China Renaissance joins Wall Street giants on $70bn+ Didi IPO
G7 nations agree to boost climate finance, details missing
Markets upbeat following Fed’s calming signals on inflation spike
Sovereign defaults set to soar, rating agencies warn
CPI surge reopens US vs China global inflation debate
Distracted markets play the waiting game ahead of US data reveal
Grab’s $40bn SPAC deal won’t be delivered just yet

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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