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Latest: Asia Stock Market News

China Offshore Listings Backlog Blamed on New Scrutiny Rules
China Offshore Listings Backlog Blamed on New Scrutiny Rules

No Chinese firm has listed in US or Hong Kong under the new exhaustive rules, frustrating firms and investment bankers

China Steel Exports Heat Up on Weak Yuan, Set For 7-Year High
China Steel Exports Heat Up on Weak Yuan, Set For 7-Year High

The world’s No1 producer is on target to see steel exports rise to 77 million metric tons this year thanks to strong demand from Southeast Asia and Africa

Watch for BOJ Intervention: Dollar at 7-Month High Against Yen
Watch for BOJ Intervention: Dollar at 7-Month High Against Yen

The US dollar rose to a more than seven-month high against the Japanese yen on Thursday, close to the 145 mark which could see the Bank of Japan intervene in the forex market again

China Curbs Mean Permanent Loss of Opportunities for US: Nvidia
China’s Shift to Renewable Energy Roaring Ahead – Guardian
Nikkei Lifted by Weak Yen, Hang Seng Drops on China Outlook
Indian Stocks Power to Record Highs on Earnings Boosts, Adani
India Preparing Multi-Billion-Dollar Battery Subsidies – FT
South Koreans Become A Year Or Two Younger With New Age Law
US AI Chip Curbs Threat Boosts Nikkei, Drags on Hang Seng

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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