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Latest: Asia Stock Market News

China Covid Shutdowns Slash Lithium Demand, Halt Price Surge
China Covid Shutdowns Slash Lithium Demand, Halt Price Surge

Covid restrictions have forced Chinese producers of battery materials for EV makers to cut production by up to 40%, reducing demand for lithium

China Offers Easier Capital Market Access to Covid-Hit Firms
China Offers Easier Capital Market Access to Covid-Hit Firms

Beijing has urged stock and futures exchanges to 'make solid efforts to help companies wade through the pandemic'

China Carbon Market Expansion Delayed – Caijing
China Carbon Market Expansion Delayed – Caijing

China's plan to expand its carbon market to companies in the cement, aluminium and steel sectors could be set back till 2023 or 2024, China Dialogue reported on Friday

Asian Stocks Rebound After China Borrowing Rate Boost
HSBC Banker Denounces ‘Shrill’ Climate Risk Warnings
China’s Purchases of Russian Oil, Coal Jump to Near-Record Levels
TerraUSD Co-Founders Face Lawsuit Over $40bn Crypto Collapse
Australia’s Crown Casino Approves $6.3bn Sale to Blackstone
IMF Official Sounds Warning on Risks to Asian Economies
US Won’t Object to China’s ‘Strategic’ Russia Oil Purchases

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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