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Latest: Asia Stock Market News

Hang Seng Gains But Israel, China Data Weigh; Nikkei Closed
Hang Seng Gains But Israel, China Data Weigh; Nikkei Closed

Oil prices surged after the Hamas invasion from Gaza, piling pressure on equities, while China’s economic struggles continued to have an impact too

China’s Private Real Estate Giants Teeter Near Collapse
China’s Private Real Estate Giants Teeter Near Collapse

Bondholders of China Evergrande express surprise at debt plan failure, fear it faces liquidation, while Country Garden may announce a restructuring of its offshore debt soon

Ex-Bank of China Chairman Expelled From Communist Party
Ex-Bank of China Chairman Expelled From Communist Party

Liu Liange is accused of approving illegal loans, taking bribes and accepting entertainment at private clubs and ski resorts

Aussie Billionaire Could Block $4.3bn Takeover of Lithium Miner
Hang Seng Bets on Holiday Boost, Nikkei Dips on US Jobs Fears
Taiwan Looking at Tighter Rules on Key Tech Such as Chips
Indonesian State Firms Sending Weapons to Myanmar, Activists Say
Alibaba’s Main Logistics Hub in Europe ‘Suspected Of Spying’
Maldives’ New Leader to Boot Out Indian Military – AP
Nikkei, Hang Seng Rebound as Bonds Turbulence Subsides

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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