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Latest: Asia Stock Market News

China’s QDII Quota Approvals Reach $154bn: Xinhua
China’s QDII Quota Approvals Reach $154bn: Xinhua

Scheme overseen by the State Administration of Foreign Exchange allows Chinese investors to access foreign assets

Superapp Grab to Debut on Nasdaq Via SPAC: Nikkei
Superapp Grab to Debut on Nasdaq Via SPAC: Nikkei

Shareholders voted at an extraordinary general meeting on Tuesday to list the Singapore unicorn on the Nasdaq in New York on Thursday

China Sets Rules for Settling Capital Market Violations: Caixin
China Sets Rules for Settling Capital Market Violations: Caixin

From 2022 individuals and institutions being investigated will be able to pay up rather than waiting for the result of an inquiry.

Moderna Chief’s Omicron Warning Brings Gloom To Asia Markets
Arrest of Macau Junket Mogul Rocks World’s Biggest Gambling Hub
Asian Markets In Retreat Over Virus Fears But Oil Rebounds
Macau Casino Shares Plunge Amid Arrests, Junket Mogul Believed Held
Evergrande Shares Drop After Boss Hui Ka Yan Slashes Stake
India Stocks Tumble Again on Covid Fears, Foreign Selling
Asian Markets Plunge As New Covid Strain Spreads Panic

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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