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Latest: Asia Stock Market News

Asia Stocks Slip But Hang Seng Surges on Covid Curbs Hopes
Asia Stocks Slip But Hang Seng Surges on Covid Curbs Hopes

Hong Kong’s benchmark index was boosted by news its government was poised to roll back more Covid restrictions but fears of recession dominated elsewhere

China Buys Russian Oil at Deepest Discount in Months
China Buys Russian Oil at Deepest Discount in Months

The effective prices refiners pay could exceed the $60 per-barrel cap that came into effect on Monday

EV Maker Vietnam’s First Company to List in US
EV Maker Vietnam’s First Company to List in US

If successful, VinFast will be Vietnam's first company to list in the United States

Plunging Trade Risks China’s Status as the ‘World’s Factory’
Asia Stocks Sink as Recession, China Covid Fears Weigh
China Makes Most Sweeping Changes Yet to Anti-Covid Policy
TSMC Not Leaving, Says Taiwan as Arizona Factory Fuels Worry
China’s Trade Slumps to Lowest Levels in Over Two Years
TSMC More Than Triples Arizona Investment to $40 Billion
Investors Bet on End of Dollar Bull Run, Eye Asian Currencies

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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