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Latest: Asia Stock Market News

China Oil Giant CNOOC Seen Exiting West Over Sanctions Risk
China Oil Giant CNOOC Seen Exiting West Over Sanctions Risk

Top offshore oil and gas producer is looking to sell operations in Britain, Canada and the US, because of concern the assets could be subject to Western sanctions, sources say

China’s Mineral Dominance a Challenge for US: Think Tank
China’s Mineral Dominance a Challenge for US: Think Tank

For most critical minerals, the US and western nations are minority suppliers with only modest capability to influence global markets, Citizens for Responsible Energy Solutions Forum said

Yen Falls to 20-Year Low Against US Dollar – Nikkei Asia
Yen Falls to 20-Year Low Against US Dollar – Nikkei Asia

The yen was trading at more than 126 against the dollar at one time, reaching the lowest level since May 2002

Former HK Central Bank Chief Says US Sanctions ‘Crazy’ – SCMP
China Stocks Delisting from US Pressures Index Providers
US Adds 12 More Chinese Firms to Delisting Register
China Coal Imports Rise But Local Supplies Much Cheaper
Egypt Confirms Indian Wheat Could be Added to Import List
How China Videogame Firms Toed Line to End Licence Freeze
Japan Core Machinery Orders Sink to Near Two-Year Low

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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