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Latest: Asia Stock Market News

Sri Lanka Stock Market Chops Trading Hours Amid Power Cuts
Sri Lanka Stock Market Chops Trading Hours Amid Power Cuts

Colombo Stock Exchange said its decision to limit trading from 10.30am to 12.30pm local time (0500 GMT to 0700 GMT) was taken at the request of stockbrokers

China-US Audit Row Hinges on ‘Wisdom of Both’, Says CSRC
China-US Audit Row Hinges on ‘Wisdom of Both’, Says CSRC

China Securities Regulatory Commission said whether Chinese firms listed in US are delisted depends on progress and results of audit and regulatory cooperation.

US SEC Flags Crypto, ESG as Top Monitoring Priorities
US SEC Flags Crypto, ESG as Top Monitoring Priorities

SEC's examinations division will also review whether funds' proxy votes align with ESG-related disclosures and mandates

India’s SBI Plans to Offload Smaller Non-Performing Loans
China Developers Call for More State Help to Weather Crisis
Indonesia’s GoTo Sets $1.1bn IPO Fundraising Target
US Weighs Largest-Ever Draw From Emergency Oil Reserve
Japan Moves to Secure Vital Materials Over War Shortages
Chubb Buys Dual’s Regional Assets – Insurance Business Asia
Pakistan Hopes to Widen Retail Investor Base – Dawn

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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