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Latest: Asia Stock Market News

Japan Hoverbike Start-Up Revs Up For $600m Nasdaq Listing
Japan Hoverbike Start-Up Revs Up For $600m Nasdaq Listing

Aerwins Technologies is already taking orders for the XTurismo hoverbike which has a motorcycle-like body on top of propellers

Apple Chief Tim Cook ‘Very Bullish’ on India – Nikkei
Apple Chief Tim Cook ‘Very Bullish’ on India – Nikkei

The iPhone-maker suffered its first drop in revenues since 2019, following Covid-related disruptions at its largest factory in China

Vietnam EV-Maker VinFast to Delay US Car Deliveries
Vietnam EV-Maker VinFast to Delay US Car Deliveries

The Vietnamese company is gearing up to expand in the United States, where it hopes to compete with existing automakers

Asia Stocks Mixed as Tech Earnings Weigh Despite Fed Boost
Dow Jones Drops Adani Enterprises, Stock Plunges 35%
China Battery Firm CATL Seen Eyeing $5bn Swiss Listing Boost
Xpeng Secures Key Permit to Launch ‘Flying Car’ – TechCrunch
Honda to Start Making New Hydrogen Fuel Cell System With GM
US Backers Like Intel, Qualcomm ‘Poured Billions’ Into China AI
Buffett-Backed Berkshire Sells $45 Million Shares in BYD

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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