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Latest: Asia Stock Market News

Xi Says Low Carbon Push Must Guarantee Energy, Food Security
Xi Says Low Carbon Push Must Guarantee Energy, Food Security

Chinese President calls for economic stability and cautious approach to climate change, in contrast to US climate envoy John Kerry who says the world is "in trouble" and "not on a good track"

Indonesia Runs Early Tests to Produce Palm Oil Petrol
Indonesia Runs Early Tests to Produce Palm Oil Petrol

Jakarta conducted a test flight using jet fuel mixed with palm oil last year and plans to do road tests for biodiesel containing 40% palm fuel next month

‘Teenage’ Bitcoin Correlates More Closely with S&P 500
‘Teenage’ Bitcoin Correlates More Closely with S&P 500

The cryptocurrency has been positively correlated with S&P 500 index since early 2020, meaning they broadly move up and down together

IMF’s Gopinath Urges China to Ease Its Covid-19 Policy
Asia Markets Slump As Rate Hike Fears Bring Air Of Gloom
China a Step Closer to Unifying $20tn Bond Market – Caixin
Funds See Promise In Battered Chinese Real Estate Dollar Bonds
Asian Stocks Slip As Nervous Traders Wait On The Fed
Evergrande Shares Jump on News China Official Will Join Board
China Stock Markets See 1.4m New Investors in December – People’s 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