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Latest: Asia Stock Market News

China’s BYD in Talks to Buy Ford Motor Plant in Germany – WSJ
China’s BYD in Talks to Buy Ford Motor Plant in Germany – WSJ

Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling the facility

Asian Markets Hit a 7-Month High, Inflation Lifts Aussie Dollar
Asian Markets Hit a 7-Month High, Inflation Lifts Aussie Dollar

Asian equities hit a seven-month high, with stocks in South Korea and Singapore both up over 1%, but stocks slipped in Australia and India

Shares of India’s Adani Group Plunge After Scathing US Report
Shares of India’s Adani Group Plunge After Scathing US Report

Shares of Adani companies fell on Wednesday after a report by Hindenburg Research accused the group of improper use of tax havens to manipulate stock prices

China’s CATL to Help Tap Into Bolivia’s Lithium Riches
Nikkei Rallies on Wall St Tech Stocks Bump, Earnings Hopes
Iranian Rial Down Nearly 30% Since September Unrest
China Decoupling Will Cost Jobs: Germany Finance Minister
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

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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