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Latest: Asia Stock Market News

Gold Glitters Again as Weddings, Inflation Boost Demand
Gold Glitters Again as Weddings, Inflation Boost Demand

  Global demand for gold soared in the fourth quarter of 2021 as inflation rose, partly due to a backlog...

Hong Kong Recovery Slows Amid Omicron Variant Battle
Hong Kong Recovery Slows Amid Omicron Variant Battle

The Chinese territory's gross domestic producT grew 4.8% in the fourth quarter thanks to robust exports and improved private consumption

US Fed Rises Signal End in Sight for ‘Ultra-Cheap Money’
US Fed Rises Signal End in Sight for ‘Ultra-Cheap Money’

World's largest economy is showing signs of tighter lending conditions even before Fed has acted as rates on 30-year fixed mortgages have jumped

Hong Kong Regulator Fines Citi Unit $44m for ‘Dishonest Behaviour’
China Fund Managers Pile Into Plunging Healthcare Sector
Asian Markets Mixed as Torrid Week Draws to Close
SK Hynix Sees Supply Woes Improving From July, More Chip Demand
Crypto Custodian Fireblocks Raises $550m, Plans Asia Growth
FCC Votes to Revoke China Unicom’s Right to Operate in US
China Regulator Approves IPO for Chip Unit of Carmaker BYD

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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