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Latest: Asia Stock Market News

Cathie Wood’s ARK Fund Plunges on Coinbase Results
Cathie Wood’s ARK Fund Plunges on Coinbase Results

The fund outperformed all other actively managed US equities in 2020 on the strength of its portfolio of companies such as Zoom Video Communications and Teladoc Health

Vietnam Keen on US Asian Plan but Calls for More Details
Vietnam Keen on US Asian Plan but Calls for More Details

The US Indo-Pacific Economic Framework has four pillars: supply-chain stability, digital economy, the fight against climate change and one related to labour, tax and anti-corruption measures

Pentagon Backs US Funding For Strategic Mining in Australia, UK
Pentagon Backs US Funding For Strategic Mining in Australia, UK

Relying only on domestic or Canadian sources, the Department of Defense said, "unnecessarily constrains" the DPA programme's ability to "ensure a robust industrial base."

China Developer Sunac Misses $750m Bond Interest Payment
Asian Stocks Mixed as Markets Await US Inflation Data
VinFast May Put Off IPO To Next Year Amid Volatile Markets
US-Listed Property Platform KE Makes Hong Kong Debut
Nippon Steel to Launch Carbon-Neutral Production in 2024
Chinese Investors Avoid Stocks, Opting For Bonds, Deposits
Asia Stocks Slide as China Covid, Inflation, Ukraine Weigh

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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