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Latest: Asia Stock Market News

The Pledge That Brought Country Garden to the Brink of Default
The Pledge That Brought Country Garden to the Brink of Default

Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread across all of China's provinces

China’s Slow Response to its Economic Woes Puzzling Investors
China’s Slow Response to its Economic Woes Puzzling Investors

Some China watchers say Xi's focus on security is scaring off the money Beijing is trying to attract. Others say the country is making a painful transition away from its debt-fuelled growth-at-all-costs policy

Investors Dump Private China Firms, Embrace ‘Common Prosperity’
Investors Dump Private China Firms, Embrace ‘Common Prosperity’

A fresh crackdown on the country's medical and pharmaceutical sectors, set to last a year, has convinced investors that it may be best to buy the state and sell private sector holdings

Hang Seng Flat, Nikkei Dips on China Woes, US Rate Fears
Struggling Chinese Asset Manager Zhongzhi Looking at Debt Rejig
Loss-Making VinFast Needs Revamp to Live Up to $85bn Valuation
Hedge Funds Dump China Stocks Over Property, US Tech War Worry
China Woes Weigh on Hang Seng, Nikkei Drops on Banking Fears
China Seen Blocking US Chip Giant’s $5.4bn Merger With Tower
Japan GDP Grows At Fastest Pace in Two Years; Experts Sceptical

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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