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Latest: Asia Stock Market News

China Home Sales Plunge by Half During May Day Holiday
China Home Sales Plunge by Half During May Day Holiday

Home sales fell in 19 of 22 surveyed cities during the five-day May Day, falling more than 60% in the mega cities of Guangzhou and Shanghai

China Gains, Fed Cut Bets Lift Asian Shares to Highest in a Year
China Gains, Fed Cut Bets Lift Asian Shares to Highest in a Year

China's blue-chip index jumped 1.4% on Monday, while the Hang Seng was up 0.55% in Hong Kong, but trading was thin, with a holiday in Japan.

China Services Sector Eases in April But New Orders Grow: Caixin
China Services Sector Eases in April But New Orders Grow: Caixin

The Caixin/S&P Global services purchasing managers' index eased to 52.5 in April, but was still in expansionary territory for a 16th straight month

Graft Blamed for Long Delay of China’s Energy Law
Chinese Graphite: US Carmakers Win Easier EV Tax Credits
Macron and Xi Set to Discuss Trade Concerns, War in Ukraine
Tesla Sues Indian Battery Maker For Use of ‘Tesla Power’ Name
EV-Maker Zeekr Plans First Major Chinese IPO in US in Two Years
India Regulator Puts Seven Adani Firms on Notice For Violations
Massive Inflows Into Taiwan ETFs Spark Volatility Concerns

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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