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Latest: Asia Stock Market News

US Lawmakers Demand Supply Chain Check Before Shein IPO
US Lawmakers Demand Supply Chain Check Before Shein IPO

Congress wants independent verification that China fashion retailer does not use cotton that comes from forced labour in Xinjiang, before SEC allows it to stage a share offering in the US

Hyundai Vows to Stop Sale of Excavators Used in Amazon
Hyundai Vows to Stop Sale of Excavators Used in Amazon

Pledge by Korean firm follows a campaign by Greenpeace and indigenous leaders, who revealed that dozens of Hyundai excavators were being used for destructive illegal mining in the Amazon

Hang Seng, Nikkei Edge Ahead But US Banking, Data Fears Weigh
Hang Seng, Nikkei Edge Ahead But US Banking, Data Fears Weigh

First Republic Bank’s asset sale to JPMorgan Chase calmed some jitters but many are wondering which bank will buckle next

Australia’s Central Bank in Shock Rate Hike, Warns More Possible
Jack Ma to be a Visiting Professor at Tokyo University
Nikkei Advances as BoJ Stance Restricts Yen, Boosts Exporters
Australia Set for Big Budget Rebound, But Tax Cuts Cloud Outlook
Indian Regulator Seeks 6 Months to Finish ‘Complex’ Adani Probe
Lithium Prices Rise 10% After Five-Month Slump
China’s Biggest Banks Report Declining Interest Margins

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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