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Latest: Asia Stock Market News

Beijing to Urge Neighbours to Trade in Local Currency
Beijing to Urge Neighbours to Trade in Local Currency

Progress by emerging Asian nations in using local currencies in trade and investment has strengthened the regional financial safety net, the PBOC chief said

Australia’s Syrah to Grow US Graphite Processing Unit
Australia’s Syrah to Grow US Graphite Processing Unit

Industrial materials firm Syrah plans to add 180,000 square feet of real estate to its existing 50,000 square-foot Louisiana facility

China-US Monetary Policy Split Helps Yuan: Ex-Regulator
China-US Monetary Policy Split Helps Yuan: Ex-Regulator

BOC International global chief economist Guan Tao said Fed tightening may cut foreign capital inflows, shrinking China's trade surplus and helping stabilise the yuan

China’s Metaverse Group Admits 17 New Companies
Hong Kong Sees Gains for Long-Term Asset Markets
Hillhouse Unit Backs New Energy Vehicles – Caixin
China’s Foreign Inflows Rise 11.6% in January – Xinhua
Asian Stocks Retreat But Easing Ukraine Tensions Lift Europe
China Developers’ Bonds Extend Slide on Repayment Concerns
Yuan Up But Depreciation Pressure Rising, Worry on Asian Currencies

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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