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Latest: Asia Stock Market News

China Should Avoid Excess Yuan Rise, Former Official Warns
China Should Avoid Excess Yuan Rise, Former Official Warns

The Chinese yuan has been one of the best-performing Asian currencies this year, rising about 3% against a strengthening US dollar. It is now at its strongest since late 2015

SenseTime Suspends $767m Hong Kong IPO After US Ban
SenseTime Suspends $767m Hong Kong IPO After US Ban

Washington blacklisted SenseTime over alleged human rights abuses in Xinjiang, which the firm called "unfounded"

China’s SenseTime Hong Kong IPO Hangs In The Balance
China’s SenseTime Hong Kong IPO Hangs In The Balance

AI firm chiefs debating what to do with $767m offering after US blacklisting would stop US-based investors from buying its shares

Indian Rupee Sinks to 18-Month Low Against The Dollar
Asian Stocks Drop On US Inflation, China Property Debt Fears
China’s SenseTime Reassessing Its $767m Hong Kong IPO
SoftBank Offloads $550m in WeWork Debt, Pushing Up Yield
Toshiba Investors Fret Over Lack of Clarity on Breakup
Vietnam Closures Hit Iconic UK Shoemaker Doc Martens: FT
Coffee Industry Board Launched: Shanghai Daily

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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