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Latest: Asia Stock Market News

PwC Probed For ‘Enabling Evergrande Misconduct For Years’
PwC Probed For ‘Enabling Evergrande Misconduct For Years’

PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the developer listed in Hong Kong

Huawei Takes Another Bite Out of Apple’s Market Share in China
Huawei Takes Another Bite Out of Apple’s Market Share in China

Huawei looks set to become the No-1 smartphone seller in China this year, backed by the launch of its new series of high-end phones

US May Sanction Chinese Banks Helping Russian War — WSJ
US May Sanction Chinese Banks Helping Russian War — WSJ

Secretary of State Antony Blinken is set to fly to Beijing to outline this threat in a bid to stop China's financial backing for Russia's military production

Hang Seng Boosted By Wall St Tech, Weak Yen Lifts Nikkei
Asia is Warming Faster, Hit Hardest by Climate Disasters: WMO
China Researchers Got Banned Nvidia Chips Via Server Products
Shares of China EV Firms Slump as Tesla Sparks Fresh Price War
Hang Seng, Nikkei Rebound as Middle East Conflict Fears Fade
China Bids to Lift Foreign Investment in Its Tech Amid Funds Exit
Mayors of Big Global Cities Calling for Urban Climate Finance

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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