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Latest: Asia Stock Market News

India’s Tamil Nadu State to Rake in $4.4b From Global Investors
India’s Tamil Nadu State to Rake in $4.4b From Global Investors

India has emerged as one of the biggest destinations for global investments as firms across the globe rush to diversify their supply chains from China

China’s COSCO Suspends Shipping to Israel: Report
China’s COSCO Suspends Shipping to Israel: Report

COSCO’s decision comes on the back of increasing tensions in the Red Sea, one of the most used trade routes in the world

Shipping Chaos Set to be ‘New Normal’ Amid War, Climate Change
Shipping Chaos Set to be ‘New Normal’ Amid War, Climate Change

Shipping giants are bracing for significant disruptions to affect key routes like the Panama Canal and knock complex vessel schedules out of sync

Vietnam’s VinFast Signs $500 Million Deal to Make EVs in India
China’s Ant Closing in on $200m Deal to Buy Dutch Payments Firm
Chinese Shadow Bank Zhongzhi Files for Bankruptcy, Court Says
India Digital Currency Transactions Top 1m a Day in December
Notorious Crypto Fund HyperVerse May Have Created Fake CEO
Hang Seng Slides on China Worries, Nikkei Boosted by Weak Yen
China Pushing Equity Funds to Bolster Slumping Stock Markets

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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