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Latest: Asia Stock Market News

Pakistan Allows India to Truck Food Aid to Afghanistan
Pakistan Allows India to Truck Food Aid to Afghanistan

The first convoy of 50 trucks carrying wheat left Amritsar after a ceremony attended by Indian Foreign Secretary Harsh Vardhan Shringla

Hong Kong Banks on Growing Mainland Fintech Links
Hong Kong Banks on Growing Mainland Fintech Links

Official says city would continue to be gateway between the Mainland and international markets, as well as a bridge for international capital

Fundraising by Chinese Private Funds Dives on Slowing Economy
Fundraising by Chinese Private Funds Dives on Slowing Economy

Newly-registered private funds totalled 95.9 billion yuan ($15.16 billion) in January, down 44% month-on-month, according to AMAC

Meituan Shares Rise as State Media Play Down Delivery Fee Plan
Singapore Fintech M-DAQ Buys Payments Outfit Wallex
Deutsche’s Private Bank Hires New Asia Investment Chief
Volkswagen Eyes Separate Stock Listing for Porsche
India Eyes Crude Oil, Volatility Fallout – The Hindu
China Post Picks Xiamen For First Coffee Shop – 36kr
Geely’s Sports Carmaker Lotus Explores IPO Options – FT

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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