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Latest: Asia Stock Market News

Weak Yen a Sign of Japan’s Poor Fundamentals: Ex-IMF Official
Weak Yen a Sign of Japan’s Poor Fundamentals: Ex-IMF Official

Monetary policy is not the right tool, Mitsuhiro Furusawa said, brushing aside speculation that the declines might prompt a rise in interest rates.

Brazil’s Central Bank Quadruples its Yuan Reserves
Brazil’s Central Bank Quadruples its Yuan Reserves

That gave it the third-largest share of the central bank's reserves. US dollar reserves fell to 80.34% of the total from 86.03% a year earlier

France to Discuss Grain Stocks Release With China, India
France to Discuss Grain Stocks Release With China, India

The food security initiative had the backing of the G7 and will now be discussed with G20 nations, including China and India

China Takes Biggest Stake in Green Finance Boom, Study Shows
Son Tells SoftBank to Slow Down on Investments – FT
India Seen Sealing Controversial Russia Trade Deal
China Manufacturing, Services Contract in First Dual Fall Since 2020
Asian Stocks Slip on China Data, Ukraine Talks, Covid
Baidu, Weibo Among Latest Firms Warned Over US Delisting
CNOOC Plans to Raise $5.5bn from Shanghai Listing

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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