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Latest: Asia Stock Market News

JPMorgan Sues Tesla for $162 Million over Elon Musk Tweet
JPMorgan Sues Tesla for $162 Million over Elon Musk Tweet

Dispute centres on how bank re-priced warrants as a result of founder's claim that he was considering taking the electric carmaker private

Sri Lanka Most At Risk From Exchange Rate Crisis: Nomura
Sri Lanka Most At Risk From Exchange Rate Crisis: Nomura

China, India, Indonesia and the Philippines are among developing Asian nations that fall in lowest-risk categories, according to new research by Nomura

China Gaming Licences to Resume: 21stC Business Herald
China Gaming Licences to Resume: 21stC Business Herald

The National Press and Publication Administration will resume issuing new licences for video games by the end of November, 21st Century Business Herald said, citing unnamed people

Chinese Developers Sell Assets to Pay Debt: Securities Times
Australian Watchdog Warns over ‘Finfluencers’: The Age
NetEase’s Online Music Unit Revives IPO Plans: WSJ
India’s Central Bank Raises Red Flag Over Frothy Equities
Asia Traders Distracted By Biden-Xi Summit And Inflation
Huarong Gets Nod To Raise $11bn In Bonds In Interbank Market
Newly Listed Companies Soar At Beijing Stock Exchange Launch

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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