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Latest: Asia Stock Market News

Nikkei Rallies on Wall St Tech Stocks Bump, Earnings Hopes
Nikkei Rallies on Wall St Tech Stocks Bump, Earnings Hopes

Tokyo’s benchmark index hit a one-month high with investors in positive mood ahead of a big earnings week in the US

Iranian Rial Down Nearly 30% Since September Unrest
Iranian Rial Down Nearly 30% Since September Unrest

Currency slumped to a record low against the US dollar, selling for 447,000 rials on the unofficial market on Saturday

China Decoupling Will Cost Jobs: Germany Finance Minister
China Decoupling Will Cost Jobs: Germany Finance Minister

Germany aims to reduce dependence on the world’s second largest economy, which has been the country's top trading partner since 2016

Chip Stocks Lead Nikkei Rally on US Fed Rate Hike Hopes
Japan Warns of Tight Finances as BOJ Battles to Contain Yields
Apple ‘to Raise India Production to 25%’ in Retreat From China
Record Inflows to Emerging Market Funds After China Reopening
China Covid Curbs Rollback Hands Asia Markets $12.7bn Boost
China Chipmaker Hua Hong to Build $6.7bn Wafer Fab – Yicai
India Startups Cheer ‘Landmark’ Android Ruling Against Google

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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