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Latest: Asia Stock Market News

India’s Life Insurance Corp Valued At $150bn Ahead Of IPO: Mint
India’s Life Insurance Corp Valued At $150bn Ahead Of IPO: Mint

The insurance behemoth is planning an initial share sale by March and in talks with multiple foreign investors to join as anchor investors

Evergrande EV Unit Stock Jumps on $347m Share Placement
Evergrande EV Unit Stock Jumps on $347m Share Placement

Embattled developer's electric vehicle unit said it would issue about 900 million shares. That would see its total holdings in the unit drop to 58.5% after the fundraising.

El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds
El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds

The city is being planned in the east of the Central American country and would get its energy supply from a volcano

China Property Bonds Bounce Back, But Evergrande Misses Out
Alibaba Among China Tech Giants Fined For Unreported Deals
Hang Seng Suffers From Alibaba Hit As Inflation Fears Weigh
Lithium Price May Soar Even Higher On Supply Shortage: BL
How Foreign Firms Compete for China’s Wealth: Caixin
Japan Mulls Blue-Collar Migrant Reform: Al Jazeera
China to ‘See Double-Digit FDI Growth’: Xinhua

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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