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Latest: Asia Stock Market News

EU’s China Steel Subsidy Review ‘is Against Global Trade Norms’
EU’s China Steel Subsidy Review ‘is Against Global Trade Norms’

China's Commerce Ministry says the European Union's plan to review subsidies for steel produced in Chinese factories clashes with global trade norms and will disrupt supply chains

China Curbs Brokerage Accounts in Bid to Stop Capital Outflows
China Curbs Brokerage Accounts in Bid to Stop Capital Outflows

CSRC seeks to bolster the yuan by imposing a ban on local brokerages and their units overseas from opening accounts for new clients wanting to trade offshore

Indian Regulator Seen Probing Adani’s Ties With Gulf Asia Fund
Indian Regulator Seen Probing Adani’s Ties With Gulf Asia Fund

The fund has invested in several listed Adani firms, according to the Organised Crime and Corruption Reporting Project (OCCRP)

China Frees Australian Reporter Cheng Lei After 3 Years in Jail
Nikkei, Hang Seng, China Stocks Lifted by Fed Easing Hopes
Hong Kong Battles to Boost Appeal, Business After Clampdown
Israel-Hamas War Casts Long Shadow Over China’s BRI Stocks
Emergen Completes First Solar Storage Project in China
EU to Target Chinese Steel for Subsidies After EVs, Wind Turbines
Nikkei Soars to 9-Month High, Hang Seng Lifted by Fed Hopes

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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