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Latest: Asia Stock Market News

Hong Kong Airport Authority to Issue Bond for Third Runway
Hong Kong Airport Authority to Issue Bond for Third Runway

The third runway project "is almost equal to building a new airport next to the existing one", the authority has said

OPEC and Allies Agree on Slight Rise in Oil Output
OPEC and Allies Agree on Slight Rise in Oil Output

The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, has resisted US pressure for a wider opening of the taps in response to high energy prices

China Life Eyes Windfall Gain from TPG’s US Flotation
China Life Eyes Windfall Gain from TPG’s US Flotation

About 40% of that would go to owners of TPG who plan to cash out, including insurer China Life, which plans to sell 5.6 million shares

Wall Street Upbeat On China Stocks As Tech Fears Ease
Asian Markets Advance As Fears Of Omicron’s Impact Subside
China Plans Cybersecurity Rules for Firms Wanting to List Abroad
China Mobile to Buy Back HK Shares Amid Shanghai Listing
Evergrande Shares Halt Trading Pending Announcement
Reliance to Raise up to $5bn in Dollar Debt
Bar on China Livestreamers Pitching Financial Products – Caixin

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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