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Latest: Asia Stock Market News

China, Hong Kong Stocks Sink on Supply Chain, Slowdown Fears
China, Hong Kong Stocks Sink on Supply Chain, Slowdown Fears

Chinese and Hong Kong shares dipped to four-week lows and the yuan fell to its lowest in six months as Shanghai’s Covid lockdown continued

China Announces Private Pension Plan to Address Ageing
China Announces Private Pension Plan to Address Ageing

Employees can contribute up to 12,000 yuan per year under the new scheme, compared with a fixed payment under the state pension plan

CNOOC Shares Suspended After Hitting Upper Limit on Debut
CNOOC Shares Suspended After Hitting Upper Limit on Debut

Chinese oil giant CNOOC surged 44% in its Shanghai debut on Thursday, after raising 28.08 billion yuan ($4.41 billion) in a public stock offering

Vietnam Arrests CEO in Market Manipulation Probe
China, Hong Kong Stocks Slip as PBOC Freezes Lending Rates
China Imports Less Crude Oil From Saudi Arabia, Russia
No Good or Bad Yen Exchange Rates, Japan Official Says
Tycoons Back Beijing Choice Lee for Top Hong Kong Job
Indonesia Posts Budget Surplus on Commodity Gains
Indonesia Launches Corruption Case Over Palm Oil Exports

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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