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Latest: Asia Stock Market News

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
After Chips, China to Pour Millions Into Solid-State Batteries

Solid-state batteries hold the promise of improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries, but mass adoption remains some way off

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
Talk of Auto Deals With China Rises, as EU Tariffs on EVs Loom

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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