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Latest: Asia Stock Market News

Japan Hits 11 Firms, 5 States with Ukraine Sanctions – Nippon
Japan Hits 11 Firms, 5 States with Ukraine Sanctions – Nippon

Tokyo imposed asset freezes and export bans on 11 companies, plus groups in five countries last Friday over sanctions related to Russia's invasion of Ukraine

Canada Mulls Import Tariffs on Chinese EVs as Pressure Builds
Canada Mulls Import Tariffs on Chinese EVs as Pressure Builds

Canada is looking to position itself as a critical player in the EV supply chain and has come under increasing pressure domestically to act against Chinese vehicles

Bank of Japan Seen Hinting at Rate Hikes Next Month
Bank of Japan Seen Hinting at Rate Hikes Next Month

A rate hike may be on the table at the BoJ's next meeting at the end of July, when the bank will unveil its plan on how it will trim its huge bond buying

US Review of Chinese Telecom Firms for Internet, Cloud Risks
Chinese Firms Seek Malaysian Help to Avoid US Tariffs: FT
China’s Shein Files For Potential London IPO as US Plans Stall
Deepfake of Asia’s Richest Man Used in India Stock Market Scam
HK Court Gives China’s Kaisa 7 Weeks to Finalize Debt Plan
AI Could up Profits But Also Disrupt Banking: Citi Report – M’place
Broadcom Designing an AI Chip For China’s ByteDance: Sources

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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