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Latest: Asia Stock Market News

Stocks Mixed After US Jobs Data Disappoints
Stocks Mixed After US Jobs Data Disappoints

US stocks were mixed on Friday as investors digested payroll data – employment up by a less-than-expected 199,000 jobs last month – and its impact on Federal Reserve policy

GameStop Jumps on News of NFT Trading Hub, Crypto Pact
GameStop Jumps on News of NFT Trading Hub, Crypto Pact

GameStop stock rallied on Friday after a report that the videogame retailer plans to expand its non-fungible tokens (NFTs) marketplace and partner with crypto firms.

Asian Markets Battle Back As Eyes Turn To US Jobs Data
Asian Markets Battle Back As Eyes Turn To US Jobs Data

Hong Kong stocks ended the week on a positive note as traders shrugged off worries about fresh Covid outbreaks and the prospect of higher US interest rates

Japan Stresses Need for Currency Stability as Yen Falters
Two Singapore SPACs to List Under Relaxed Framework
Indonesia Revokes Thousands of Mining and Forestry Permits
Asian Stocks Suffer As Fed Signals Rate Hikes Plan
Reliance Raises $4bn in India’s Biggest Dollar Bond Issuance
DBS Hong Kong, Haier Sign ESG-Linked Loan Facility
Crédit Agricole CIB Wins Full Australian Bank Licence

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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