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Latest: Asia Stock Market News

Oil Bounces Back After Ukraine Rebels Claim Attack by Kyiv
Oil Bounces Back After Ukraine Rebels Claim Attack by Kyiv

Oil recovered some of its more than 2% fall in Asian trade on Thursday after Russia-backed rebels in eastern Ukraine accused government forces in Kyiv of shelling their territory with mortars

Japan Trade Deficit Soars as Commodity Imports Surge
Japan Trade Deficit Soars as Commodity Imports Surge

The growing trade deficit highlights the world's third-largest economy's vulnerability to soaring commodity costs and slowing demand from China

Glencore Mine Expansion Blocked at Sacred Australia Site
Glencore Mine Expansion Blocked at Sacred Australia Site

The Northern Territory government halted expansion plans for the Anglo-Swiss company's McArthur River zinc and lead mine

New Zealand Rugby Seals US Private Equity Deal
China’s `Common Prosperity’ to Boost Middle-Class, UBS Says
Australia’s Wesfarmers Group Sees First-Half Profit Dive
China Poised to Boost Global ESG-Labelled Bond Issuance
Rihanna, H&M Lingerie Company Up For Sale – FT
India’s IT Sector Grows Twice as Fast as Economy – ToI
CATL Considers More Factories Outside China – 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