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Latest: Asia Stock Market News

Chinese Shadow Bank Zhongzhi Files for Bankruptcy, Court Says
Chinese Shadow Bank Zhongzhi Files for Bankruptcy, Court Says

A Beijing court said on Friday the wealth manager had applied for bankruptcy on the grounds it could not pay its due debts and its assets were insufficient to pay all its debts

India Digital Currency Transactions Top 1m a Day in December
India Digital Currency Transactions Top 1m a Day in December

Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead of their salary account in December

Notorious Crypto Fund HyperVerse May Have Created Fake CEO
Notorious Crypto Fund HyperVerse May Have Created Fake CEO

A probe into HyperVerse's supposed CEO suggests his identity is fake as none of his qualifications could be confirmed, a new report says

Hang Seng Slides on China Worries, Nikkei Boosted by Weak Yen
China Pushing Equity Funds to Bolster Slumping Stock Markets
Japan Earthquake Shatters Tourist Town’s Post-Covid Recovery
China Moves to Integrate EV Charging to National Power Grids
Ocean Freight Fees Shoot up After New Red Sea Ship Attacks
Nikkei Dips on Quake Impact, Hang Seng Flat Despite Tech Rally
China Funds Told New A50 Index Best Reflects Economy

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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