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Latest: Asia Stock Market News

Europe Outstrips US on China Share Deals For First Time – FT
Europe Outstrips US on China Share Deals For First Time – FT

More than $2.1 billion was raised by five Chinese firms on stocks exchanges in London and Zurich, said the report, more than five times the total raised from listings in New York

China Carmaker Leapmotor Seen Shelving $1.5bn IPO
China Carmaker Leapmotor Seen Shelving $1.5bn IPO

Chinese carmaker Leapmotor's plan for a $1.5-billion initial public offering in Hong Kong has been suspended, because of a lukewarm response by investors, sources say.

India’s Rice Export Curbs to Lift Asian Prices, Food Inflation
India’s Rice Export Curbs to Lift Asian Prices, Food Inflation

India's move on Thursday is expected to lead to price increases by other major exporters, like Thailand, Vietnam and Myanmar. It could hit China and the Philippines hardest.

How Japan Could Counter ‘Excessive Volatility’ in the Yen
Japan Taps $24bn Reserves to Help Fight Rising Living Costs
Asia Stocks Rally as Oil Dips But Covid Drags on China
India Must Regulate Internet Shutdowns, Say Tech Giants
Asia Shares Slip as Fears of More Fed Rate Hikes Grip
Russia Cheated by Grain Deal, Gas Price Cap Stupid: Putin
China Banks Face Profit Squeeze From Covid, Property Crisis

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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