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Latest: Asia Stock Market News

China Evergrande Fiasco Worsens, With Arrest of EV Unit Exec
China Evergrande Fiasco Worsens, With Arrest of EV Unit Exec

News that police have detained the vice-chairman of China Evergrande New Energy Vehicle sent shares of the unit and its embattled parent company sliding again on Monday

Slower Nvidia Chip Out in Q2 But China Firms ‘Don’t Want It’
Slower Nvidia Chip Out in Q2 But China Firms ‘Don’t Want It’

China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders

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

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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