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Latest: Asia Stock Market News

Gaming Company Razer Explores Take-Private Deal
Gaming Company Razer Explores Take-Private Deal

Executive-led consortium believes company is undervalued in Hong Kong, where investors prefer mainland China firms

Asia High-Yield Funds Down 16% On China Evergrande Turmoil
Asia High-Yield Funds Down 16% On China Evergrande Turmoil

China’s high-yield bond market is in turmoil as investors assess which property developers can service debts

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
China Gaming Licences to Resume: 21stC Business Herald
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

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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