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Latest: Asia Stock Market News

Indian Rupee Plummets to New Low Against US Dollar – Mint
Indian Rupee Plummets to New Low Against US Dollar – Mint

The Indian rupee fell to a new low of 83 against the dollar on Wednesday as US interest rate rises pile pressure on Asian currencies

Japan’s Imports Surge 45% to Record High on Weakened Yen
Japan’s Imports Surge 45% to Record High on Weakened Yen

Imports rose by more than 40% for the fifth month in a row, hitting their highest ever level since data began in 1979, according to Japan's MOF

Hang Seng Leads Asia Stocks Retreat as Stimulus Hopes Dashed
Hang Seng Leads Asia Stocks Retreat as Stimulus Hopes Dashed

Asian shares continued their slide with investors losing their risk appetite and bond yields rising in the face of increasing threats of recession

Yen Sinks Below 150 to Dollar, Market Watch for Intervention
Iron Ore Shipments Slowing as Demand Weakens, Rio Tinto Warns
Asia Stocks See US Earnings Lift But Congress Caution Weighs
Japan Repeats Readiness to Back Yen as it Hits 32-Year Low
Asia Stocks Advance on UK Tax U-Turn, Upbeat US Earnings
China Faces Largest Outflows Since 2016 as Investors Eye US Rates
Indonesia’s Currency Under Siege From Unrelenting Dollar

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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