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Latest: Asia Stock Market News

World Bank to boost spending on climate change to 35%
World Bank to boost spending on climate change to 35%

Global lender says it will also draw up progress reports and climate action plans for countries it provides loans to...

Dingdong investors betting merrily on high IPO valuation
Dingdong investors betting merrily on high IPO valuation

SoftBank-backed food shopping app targeting a 20% jump in its US IPO valuation following the Japanese giant’s investment

Traders’ mood lifts as Fed’s reassurances finally sink in
Traders’ mood lifts as Fed’s reassurances finally sink in

Stocks across Asia’s markets edged ahead on Wednesday as investors were comforted by more calming messages from Washington over its post-pandemic monetary policies

Self-drive tech firm Quanergy en route to $1.1bn SPAC deal
Nikkei leads Asian markets’ bounce-back as Fed worries ease
Iron ore is the latest front in China’s commodities war
Asian markets sink with traders wary of Fed tightening
Didi pressing on with mega-IPO despite antitrust violations probe
China’s new ETFs tap the best of two Nasdaq-style boards
Markets see-saw after Fed rate forecasts soothe inflation fears

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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