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Latest: Asia Stock Market News

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
Hang Seng Slides on China Worries, Nikkei Boosted by Weak Yen

Investor mood remained downbeat at the end of the year’s first week of trading with China’s stuttering recovery and fading hopes of a rates turnaround weighing

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
China Stocks See Highest Foreign Outflows of 2023 in December

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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