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Latest: Asia Stock Market News

Asian Shares Slip, Dollar up Ahead of US Inflation Data
Asian Shares Slip, Dollar up Ahead of US Inflation Data

The Nikkei and the Topix in Japan finished lower on Monday, while stocks in China rose marginally, but fell in other areas. The dollar extended gains before US CPI and retail data

All Eyes on India Market Regulator Amid Adani Share Sale Probe
All Eyes on India Market Regulator Amid Adani Share Sale Probe

Regulators are said to be probing the sharp sell-off in Adani Group companies, while also looking into trade patterns and any potential irregularities in its now-shelved share sale

China Claims US Flew High-Altitude Balloons Over its Airspace
China Claims US Flew High-Altitude Balloons Over its Airspace

The claim comes amid state media reports that Chinese authorities were ‘preparing’ to shoot down an unidentified flying object near a major port city

Alibaba Sells Final Stake in India’s Paytm For $167 Million
China Tightens Banks’ Reporting Rules to Classify Risks Better
Alibaba, Tencent Race to Build ChatGPT Rivals – Nikkei
Yen Shoots up as Ueda Nominated as New Bank of Japan Chief
Tesla Starts Raising China EV Rates After Igniting Price War
China to Set Up Blockchain Research Centre in Beijing – SCMP
Asia Stocks Retreat on US Inflation Fears But Nikkei Advances

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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