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Latest: Asia Stock Market News

TSMC Posts 45% Quarterly Profit Jump Amid Chip Demand
TSMC Posts 45% Quarterly Profit Jump Amid Chip Demand

The company, which also has Apple and Qualcomm as customers, previously said it expected strong growth to accelerate in coming years

China Call on Banks’ Reserve Ratios Signals Policy Easing
China Call on Banks’ Reserve Ratios Signals Policy Easing

Growth in the world's second-largest economy has slowed since early 2021 as traditional engines of the economy such as real estate and consumption have faltered

China’s Zhihu Q&A Website Raises $106m in Hong Kong IPO
China’s Zhihu Q&A Website Raises $106m in Hong Kong IPO

The deal comes amid an increasing number of US-listed Chinese firms also listing in Hong Kong as a regulatory stand-off shows no signs of ending

India Panel Backs Issue of Fractional Shares – Mint
Brookfield-Led Group Buys Australia’s Uniti for $2.7bn
China Regulator Orders Legend to Rectify Disclosure Issues
South Korea Central Bank Surprises Markets With Rate Hike
IMF Backs Sri Lanka ‘Dialogue’ Amid Ratings Downgrades
Italian Court Upholds Veto on Chinese Purchase of Seed Producer
BlackRock Seen Planning First China ETF Product This Year

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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