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Latest: Asia Stock Market News

Ukraine’s Zelensky Urges India to Cut Russian Oil Imports – UP
Ukraine’s Zelensky Urges India to Cut Russian Oil Imports – UP

"If you stop importing oil, Putin will face huge challenges [for his war effort]," Zelensky told India media

IBM Closing China Research Labs, Will Lay Off Over 1,000 Staff
IBM Closing China Research Labs, Will Lay Off Over 1,000 Staff

The US tech services giant said on Monday will shut its R&D operations in China. It may boost operations in India and other parts of Asia

China Damns Latest US Ban on 42 Firms Tied to Russian War
China Damns Latest US Ban on 42 Firms Tied to Russian War

China calls on US to 'halt its misguided actions', after 42 firms are added to export blacklist, and news emerges National Security Adviser Jake Sullivan will fly to Beijing

China Using Microsoft, Amazon Cloud to Beat AI Chip Sanctions
Call For Ban on Single-Use Plastics as UN Treaty Talks Restart
China, Tesla Pour Funds Into Assembly Line Robot Workers
Nikkei Gains, Hang Seng Dips as Traders Wait on Fed Chief Speech
Auditors at PwC’s China Unit Said to Face Six-Month Business Ban
AI Predicts 70% of Earthquakes in China Trial – ST
China Claims Foreign Agencies Using Wind Towers For ‘Spying’

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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