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Latest: Asia Stock Market News

Hong Kong Recovery Slows Amid Omicron Variant Battle
Hong Kong Recovery Slows Amid Omicron Variant Battle

The Chinese territory's gross domestic producT grew 4.8% in the fourth quarter thanks to robust exports and improved private consumption

US Fed Rises Signal End in Sight for ‘Ultra-Cheap Money’
US Fed Rises Signal End in Sight for ‘Ultra-Cheap Money’

World's largest economy is showing signs of tighter lending conditions even before Fed has acted as rates on 30-year fixed mortgages have jumped

Hong Kong Regulator Fines Citi Unit $44m for ‘Dishonest Behaviour’
Hong Kong Regulator Fines Citi Unit $44m for ‘Dishonest Behaviour’

Securities and Futures Commission says deceptive practices were deployed at the expense of clients’ best interests and to the market's detriment

China Fund Managers Pile Into Plunging Healthcare Sector
Asian Markets Mixed as Torrid Week Draws to Close
SK Hynix Sees Supply Woes Improving From July, More Chip Demand
Crypto Custodian Fireblocks Raises $550m, Plans Asia Growth
FCC Votes to Revoke China Unicom’s Right to Operate in US
China Regulator Approves IPO for Chip Unit of Carmaker BYD
China Bourses Halt IPO Applications in Regulatory Probe

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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