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Latest: Asia Stock Market News

Volatile Forex Markets Like a Casino, Traders Say
Volatile Forex Markets Like a Casino, Traders Say

Over the past week, traders have seen the pound crash to an all-time low, intervention by Japan to prop up the yen for the first time in 24 years, and the euro plunge below dollar parity.

China Tells Brokers to Stabilise Markets for Party Congress
China Tells Brokers to Stabilise Markets for Party Congress

Chinese officials told fund managers and brokers recently to stabilise the market ahead of the Communist Party's five-yearly congress, which will be held in mid-October

Japan Warns Against Yen Moves, Markets Wary of Intervention
Japan Warns Against Yen Moves, Markets Wary of Intervention

Japanese authorities appear ready to respond to speculative currency moves – days after Tokyo spent an estimated $25 billion to defend the yen in the foreign exchange market.

Asia Shares Hit by Sterling Shockwave, Dollar’s Surge
Indian Rupee Could Hit 82.50 to Dollar, IDFC First Bank Warns
China to Lift FX Reserve Ratio, to Slow Yuan Plunge
China EV Maker Leapmotor to Raise $800m in Hong Kong IPO
Investors Fear More Market Mayhem After Rate Hike Blitz
China Bond Funds Cap Inflows as Investors Rush to Fixed Income
China Outflows Shoot up via Bond Connect as Rates Hiked

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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