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Latest: Asia Stock Market News

Indian Investigators Deny Threatening to Hurt Xiaomi Executives
Indian Investigators Deny Threatening to Hurt Xiaomi Executives

The Chinese telecoms company has been accused by the Enforcement Directorate of making illicit remittances. The Indian agency described its claims of coercion as 'baseless'.

Indonesia’s Plant-Based Off Foods Gains Seed Funding
Indonesia’s Plant-Based Off Foods Gains Seed Funding

Off Foods recently opened a new branch in Hindu-majority Bali, which is one of the most important plant-based food markets in Indonesia

Singapore SPAC Plans to Invest $115m in Tech Startups
Singapore SPAC Plans to Invest $115m in Tech Startups

The SPAC plans to invest in Web3, blockchain, cryptocurrency, digital ledger, e-gaming and other new financial technology and services industries

US Hits ‘Currency Mixer’ Blender With North Korea Sanctions
Australian Central Bank Warns of More Interest Rate Rises
Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT
Japan Airlines Pins Revival Hopes on Southeast Asia, North America
Modi Calls for Action as Deadly Heatwave Threatens Economy
Schroders, UOB Launch Sustainability Fund Amid Global Outflows
Sustainability Programme to Boost South Asian Cotton Growers

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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