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Latest: Asia Stock Market News

Aluminium Prices Hit Record High Over Sanctions Fears
Aluminium Prices Hit Record High Over Sanctions Fears

Three-month aluminium on the London Metal Exchange jumped 3.3% to $3,402 a tonne by 1700 GMT after touching a record of $3,480

Elon Musk Said to Face US Probe Over Stock Trades
Elon Musk Said to Face US Probe Over Stock Trades

The Securities and Exchange Commission reportedly launched its probe after Kimbal Musk sold $108 million in Tesla stock last year

Bankers Used Wives to Hide 1MDB Kickbacks, Court Hears
Bankers Used Wives to Hide 1MDB Kickbacks, Court Hears

Tim Leissner, the star government witness who had been Roger Ng‘s supervisor at Goldman Sachs, said he received kickback payments from Jho Low, a notorious Malaysian intermediary

PBOC Weekly Cash Injection Reaches Two-Year High
Coinbase Reports Surge in Crypto Trading Volumes
China Banks Warned Over ‘Agreement Deposits’ – Caixin
Invasion of Ukraine Threatens Global Wheat Supply – NYT
Alibaba Reports Smallest Quarterly Revenue Rise Since 2014
Asian Stocks Sink, Oil And Gold Surge As Ukraine Invaded
Rave Reviews Boost Japanese Videogame Makers

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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