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Latest: Asia Stock Market News

India Turns Down BYD’s $1-Billion EV, Battery Plant Proposal
India Turns Down BYD’s $1-Billion EV, Battery Plant Proposal

"Security concerns with respect to Chinese investments in India" led officials to decline the EV-maker's proposal, a report by the Economic Times said

Hang Seng Hit by Property Fears, Nikkei Boosted by Weak Yen
Hang Seng Hit by Property Fears, Nikkei Boosted by Weak Yen

Debt concerns over China’s real estate sector deepened over the weekend while traders were also preparing themselves for more interest rate rises

Bain Capital to Buy 90% of Adani Capital and Adani Housing
Bain Capital to Buy 90% of Adani Capital and Adani Housing

US-based investment firm Bain Capital said on Sunday it will bulk the bulk of Adani Capital and Adani Housing for $120m and a liquidity line of $50m. Gaurav Gupta will continue as CEO.

EU, US Sanctions Aim to Curb Funds for War in Myanmar
Cambodia Stages One-Sided Election Ahead of Power Shift
China Property Crisis Intensifies, Cloud Over Country Garden
Chinese Power Plants Shut Down in Western Myanmar – Irrawaddy
US and Vietnam to Hold Regular Economic Talks, Lift Tech Ties
Tech Forecast Weighs on Nikkei, Hang Seng Bets on Stimulus
China’s Dalian Wanda May be Next Property Giant to Fall

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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