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Latest: Asia Stock Market News

Tencent Seen Taking US-Listed Streaming Firm DouYu Private
Tencent Seen Taking US-Listed Streaming Firm DouYu Private

Tencent Holdings plans to take DouYu International private amid disagreements over strategy, regulatory hurdles and a plunge in the company's share price, sources say

SoftBank, Temasek Pour Cash into FTX US Crypto Exchange
SoftBank, Temasek Pour Cash into FTX US Crypto Exchange

With the cryptocurrency market surpassing $3 trillion in November, venture capital investors are increasingly looking to put down stakes

Levi Strauss Posts Strong Sales Amid Work-from-Home Boom
Levi Strauss Posts Strong Sales Amid Work-from-Home Boom

A shift to casual clothing during the coronavirus pandemic has boosted demand for Levi’s jeans, including newer styles with a looser fit

Fed Warning on Inflation, Rates Sends Asia Stocks Down
Novo Tellus-Backed Firm Debuts in Singapore’s 3rd SPAC Listing
Evergrande Shares Tumble Over Lack of Restructuring Detail
South Korea’s LG Energy Solution Shares Double on Debut
China’s December Industrial Profits Show Growth at Slower Pace
Samsung Electronics’ Q4 Operating Profit Rises 53.3%
Rio Tinto Begins Underground Mine Work in Mongolia

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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