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Latest: Asia Stock Market News

Nikkei Rallies on Earnings Lift, Hang Seng Dips on China Data
Nikkei Rallies on Earnings Lift, Hang Seng Dips on China Data

Investors continue to be distracted by persistent inflation, rate hike threats, a possible banking crisis and a gloomy outlook for the world’s top two economies

Foxconn Sees Q1 Profit Plunge 56% as Japan Investment Bites
Foxconn Sees Q1 Profit Plunge 56% as Japan Investment Bites

The world's largest contract electronics maker attributed the slump to a massive writedown related to its 34% stake in Sharp Corp, its Japanese electronics maker

China Bank Loans Plunge Far More Than Expected in April
China Bank Loans Plunge Far More Than Expected in April

Chinese banks extended 718.8 billion yuan ($104 billion) in new yuan loans in April, less than a fifth of March’s tally and just over half of the amount anticipated by analysts

China Drops Dollar for Yuan in $88bn Russia Commodity Trade
Nikkei Flat, Hang Seng Dips on China Deflation, US Inflation
China Says Willing to Cooperate on Audits With US Officials
China Makes First Arrest Over Fake News Generated by ChatGPT
Pakistan Cuts Internet Indefinitely Amid Imran Khan Arrest Fury
Nikkei, Hang Seng, China Stocks Retreat on US Inflation Fears
China’s Lead Role in Euro Battery Sector After Green Shift

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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