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Latest: Asia Stock Market News

Japan’s Currency Diplomat Says Weak Yen Has Merits, Demerits
Japan’s Currency Diplomat Says Weak Yen Has Merits, Demerits

Remark underscores how a weak yen has become a tricky political issue for Japan, which has historically focused on preventing a strong currency from hurting the country's export sector

Asian Markets Advance But Rate Hike Fears Continue To Weigh
Asian Markets Advance But Rate Hike Fears Continue To Weigh

Traders across the region picked up the baton from Friday’s Wall St rally though deal numbers were thin ahead of the three-day Lunar New Year break

Indonesia’s Curbs on Commodities Rattle Markets, More Moves Likely
Indonesia’s Curbs on Commodities Rattle Markets, More Moves Likely

Resource-rich nation banned coal exports for January, imposed curbs on palm oil shipments, and also floated the idea of an export tax on nickel pig iron – all in the opening weeks of 2022

Palm Oil Scales Record Prices on Reduced Indonesia Supply Outlook
Chinese Developer Shimao Shares Jump After More Asset Sales
Ansell Plunges as Covid Disruptions Damage Earnings – The Age
ASEAN Startup Fundraising More Than Doubled in 2021 – Nikkei
BharatPe Said to Be Terminating Cofounder Ashneer Grover
Philippines Lifts BSE Ban on Canadian Beef Imports
Indonesia’s Palm Oil Export Curbs Roil Global Market

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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