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Latest: Asia Stock Market News

Japan Threatens to Pull Out of Russia’s Sakhalin Projects
Japan Threatens to Pull Out of Russia’s Sakhalin Projects

Mitsubishi and Mitsui have stakes in the massive Sakhalin-2 project, while Marubeni and Itochu have invested in Sakhalin-1 oil project, from which Exxon Mobil is now withdrawing

Nickel Price Surge Batters Chinese Stocks
Nickel Price Surge Batters Chinese Stocks

Nickel prices in China hit a record high on Wednesday with prices rising 17% to hit 267,700 yuan (about $42,400) a tonne, touching the ceiling for permitted daily gains

China to Maintain Coal Output, Allow New Projects
China to Maintain Coal Output, Allow New Projects

Spot thermal coal prices for the Newcastle Port benchmark have soared 35% over the past week to a record $353.75 a tonne, stoked by supply shortages

Cathay Pacific Narrows Loss on Cost Cuts, Robust Cargo Demand
India’s LIC Said to Get Market Regulator’s Nod for IPO
China Factory Prices Ease in February, All Eyes on Commodities
Citi to Hire 350 Bankers to Push Asia Commercial Lending
Inclusiveness Among Fund Managers ‘Can Maximise Value’
Chinese Companies Expect More Cross-Border Tax Disputes
Coal Price To Stay High on China, India Demand, Says Trafigura

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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