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Latest: Asia Stock Market News

Tikehau Capital-Backed Pegasus Asia SPAC Debuts in Singapore
Tikehau Capital-Backed Pegasus Asia SPAC Debuts in Singapore

The second SPAC to debut in the city-state raised S$170 million ($126 million) and plans to invest in tech-enabled sectors

China Reaffirms Pledge to Eradicate Internet Sector ‘Corruption’
China Reaffirms Pledge to Eradicate Internet Sector ‘Corruption’

Beijing says efforts will be made to investigate and punish the corrupt behaviour behind the disorderly expansion of capital and platform monopolies

Rio Tinto Shares Slide as Serbia Scraps $2.4bn Lithium Deal
Rio Tinto Shares Slide as Serbia Scraps $2.4bn Lithium Deal

Move by Serbia comes as it approaches an election, and as ties between Belgrade and Canberra sour after Sunday's high-profile deportation of Novak Djokovic

US Fed Touts CBDC Benefits as Russia Calls for Broad Ban on Crypto
Singapore’s Largest ETFs Left Out of China Link-Up – Ignites Asia
Chinese Stocks to Beat Global Peers, Says BCA – SCMP
Asia Bucks Wall Street Falls As China Rate Cut Boosts Property
Asia Asset Funds Post Robust Growth Amid Pandemic
Bondholders Could Sue Evergrande Over Lack of Engagement
Australia’s Woodside to Hike Spending in 2022 to $4bn

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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