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Latest: Asia Stock Market News

Indonesian Coal Stocks Soar Over Russia Supply Concerns – Nikkei
Indonesian Coal Stocks Soar Over Russia Supply Concerns – Nikkei

The threat of another government export ban is deterring producers from immediately increasing shipments, likely keeping prices elevated for a while

China Runs Into Congo Hurdle in Race for Cobalt – WSJ
China Runs Into Congo Hurdle in Race for Cobalt – WSJ

The Chinese entities are facing major challenges after a local court told one of them to give up one of its mines

Oil Surge Reshapes Outlook for Asian Stocks, Currencies – SCMP
Oil Surge Reshapes Outlook for Asian Stocks, Currencies – SCMP

Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities

Russia Taps India For Investment in Oil and Gas Sector
Sri Lanka Tweaks Trade Rules to Ramp Up Forex Reserves
AWS to Share Carbon Data as Tech Giants Green the Cloud – WSJ
India Tightens Checks on IPO Valuations in Jolt to Startups
Foreign Investors’ China Bond Holdings Fall in February – Caixin
The Moral Hazard of $4bn in Cancelled Nickel Contracts: WSJ
Didi Shares Dip After Report Of HK-Listing Plans Suspension

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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