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Latest: Asia Stock Market News

Adani Family Partners ‘Used Opaque Funds to Buy Stocks’
Adani Family Partners ‘Used Opaque Funds to Buy Stocks’

A report by an investigative journalists network suggests business partners of the Adani family invested $430 million in the group's stocks via "opaque" Mauritius funds; group denies 'rehash' of claims, but shares fall

Country Garden Voices ‘Deep Remorse’ for $6.7bn First Half Loss
Country Garden Voices ‘Deep Remorse’ for $6.7bn First Half Loss

China's biggest private developer says it faces default risks, while creditors prepared to vote on its proposal to delay payment for an onshore private bond; offshore creditors have in talks with a US law firm

Chinese Banks Point to ‘Regional Risks’ Amid Low-Key Profits
Chinese Banks Point to ‘Regional Risks’ Amid Low-Key Profits

The country's biggest lender, the Industrial and Commercial Bank of China, and the Bank of China posted profit growth of just 1.2% and 0.78%

Rumours of 5G Chip in New Huawei Phone Fuel China Chip Rally
China’s Move to Slow Down IPOs May Backfire on Frail Economy
Bargain Buyers Lift Nikkei, Hang Seng Flat on Global Worries
China Says Doors Will Open Wider, After Raimondo Bombshell
Wild Rally Makes VinFast World’s Third-Most Valuable Carmaker
Raimondo, China’s Leaders Discuss Range of Hot Trade Concerns
Hang Seng Rides Stimulus Wave, Nikkei Lifted By Wall Street

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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