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Latest: Asia Stock Market News

Nikkei, Hang Seng Sink as Rate Cut Bets Fade, Bond Yields Spike
Nikkei, Hang Seng Sink as Rate Cut Bets Fade, Bond Yields Spike

The latest halt in the global risk rally comes on the back of data pointing to lingering inflationary pressures across major economies

US Looking to Fund Bird Flu Vaccine Trial by Moderna – FT
US Looking to Fund Bird Flu Vaccine Trial by Moderna – FT

The news comes amid one of the worst H5N1 outbreaks in the recent years, with bird flu detected in poultry farms in 48 states and dairy herds in nine states.

Global Funds Proving Popular in China as the Yuan Weakens
Global Funds Proving Popular in China as the Yuan Weakens

A record number of global funds have been issued under the Qualified Domestic Limited Partner (QDLP) programme amid high demand for foreign assets

After Chips, China to Pour Millions Into Solid-State Batteries
Chinese Censors Block ‘Wealth Flaunting’ on Social Media – NBC
US Warns China of Sanctions: ‘Helping Russia Threatens Europe’
Nikkei, Hang Seng Slump as Bond Yields, Tech Shares Bite
Chip Giant Samsung Faces Union Mass Walkout Next Week
BYD Promises Driving Range of Over 2000km With New Hybrid Tech
Trump Threats to Stop EV Sales May Backfire – Gizmodo

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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