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Latest: Asia Stock Market News

China Developer Stocks Jump on Banks’ Down-Payment Moves
China Developer Stocks Jump on Banks’ Down-Payment Moves

The rises came after banks in Heze, a city in eastern Shandong province, eased mortgage requirements for some home purchases

Elon Musk Attacks US Regulator, Compares Trudeau to Hitler
Elon Musk Attacks US Regulator, Compares Trudeau to Hitler

Attorneys for Musk said the Securities and Exchange Commission was propagating "endless unfounded investigations" into Tesla and its boss

Yuan Holds No. 4 Spot in World Payments Rankings – Xinhua
Yuan Holds No. 4 Spot in World Payments Rankings – Xinhua

In terms of international payments, excluding payments within the eurozone, the yuan ranked fifth with 2.29% in January 2022

Indonesia Tips Rise in Local Currency Settlements – Jakarta Post
India’s Tax Agency Raids Ex-NSE Chief – The Hindu
Asian Markets Edge Ahead But Ukraine, Fed Fears Persist
China’s Market-Moving ‘National Team’: All You Need to Know
Australia’s Newcrest Reports Profit Slump as Output Dips
Ukraine Conflict Would Have ‘Uneven’ Asia-Pacific Impact
StanChart Doubles Profit, Sets $750m Share Buyback

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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