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Latest: Asia Stock Market News

Modi, Tata Boss Meet Before Airline Handover – Deccan Herald
Modi, Tata Boss Meet Before Airline Handover – Deccan Herald

Tata Group is expected to get full control of the airline after paying 20.7 billion rupees ($275 million) and taking over 150 billion rupees of debt

China Plans to Enhance Market Regulation – Xinhua
China Plans to Enhance Market Regulation – Xinhua

Other efforts include guaranteeing food and drug safety and strengthening supervision over the quality of industrial products

China Property Shares Slump as US Rate Hike Outlook Adds to Woes
China Property Shares Slump as US Rate Hike Outlook Adds to Woes

Evergrande shares slumped on Thursday after the developer's thinly detailed restructuring plan left investors dissatisfied, while its indebted peers also fell on concern over higher interest rates

Tencent Seen Taking US-Listed Streaming Firm DouYu Private
SoftBank, Temasek Pour Cash into FTX US Crypto Exchange
Levi Strauss Posts Strong Sales Amid Work-from-Home Boom
Fed Warning on Inflation, Rates Sends Asia Stocks Down
Novo Tellus-Backed Firm Debuts in Singapore’s 3rd SPAC Listing
Evergrande Shares Tumble Over Lack of Restructuring Detail
South Korea’s LG Energy Solution Shares Double on Debut

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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