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Latest: Asia Stock Market News

Missing China Banker Wanted to Move Wealth to Singapore – FT
Missing China Banker Wanted to Move Wealth to Singapore – FT

An increasing number of China’s wealthy have set their sights on Singapore in an attempt to protect their riches from Beijing’s regulatory crackdowns

Host India Doesn’t Want G20 to Discuss Fresh Russia Sanctions
Host India Doesn’t Want G20 to Discuss Fresh Russia Sanctions

India is also pushing to avoid using the term "war" to describe Russia's invasion of Ukraine in official communique, G20 officials said

Asian Stocks Dip as Superpower Tensions, Rate Fears Weigh
Asian Stocks Dip as Superpower Tensions, Rate Fears Weigh

Investors were in subdued mood after Fed meeting minutes revealed a hawkish tone and the US and Russia continued to argue over Ukraine

Australia to Cut Tax Breaks, Limit Access to Retirement Funds
China Urged to Focus on Well-Being, Climate Risks – Not GDP
China Buys Australian Cotton in Anticipation of Trade Ban Lift
Australia Was China’s Top Trade Restrictions Target – Study
China Asks State Firms to Drop Big Four Auditors Over Data Fears
Asian Stocks Drop on Ukraine Tensions, US Inflation Fears
China’s Xi Planning Russia Visit to Boost ‘Rock Solid’ Ties

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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