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Latest: Asia Stock Market News

Solomons MPs Seek Probe into Shipment of ‘Real’ Chinese Guns
Solomons MPs Seek Probe into Shipment of ‘Real’ Chinese Guns

Opposition MPs are calling for an inquiry into a disputed weapons shipment from China in March last year, amid concerns of increased militarization of the island chain

China Plans $40bn Bonanza for Chips After Huawei Breakthrough
China Plans $40bn Bonanza for Chips After Huawei Breakthrough

The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC

Chinese Loans to Russia Quadruple Since Ukraine War – FT
Chinese Loans to Russia Quadruple Since Ukraine War – FT

Data from the Kyiv School of Economics showed China's 'Big Four' state banks increased their exposure to Russia from $2.2 billion to $9.7 billion in the 14 months since the war in Ukraine started

Hang Seng Slips on China Data, Nikkei on Seven-Day Streak
Chinese Developer Country Garden Settles Late Bond Payments
New Huawei Phone Spurs Fear China Got Around US Chip Curbs
Raimondo Warns China Patience Of US Business ‘Wearing Thin’
Hang Seng Rides Post-Typhoon Wave, Nikkei Gains on US Hopes
Espionage Fears Over Chinese ‘Tourists’ at US Bases – WSJ
‘Local Protectionism’ Slowing China’s Clean Energy Transition

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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