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Latest: Asia Stock Market News

Global Market Won’t Dictate Palm Oil Price, Says Indonesia
Global Market Won’t Dictate Palm Oil Price, Says Indonesia

The world's top palm oil exporter shocked the market on Wednesday when it announced that companies must sell 30% of their planned exports at home

Singapore Fintech Cake Launches $100m Venture Capital Arm
Singapore Fintech Cake Launches $100m Venture Capital Arm

The unit said it is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, NFT, blockchain and e-sports

Amazon Announces 20-for-1 Stock Split, $10bn Share Buyback
Amazon Announces 20-for-1 Stock Split, $10bn Share Buyback

This is the first stock split by Amazon since 1999 and will give investors 19 additional shares for every share they hold. Trading based on the new share price will begin on June 6

Rio Tinto Says Mongolia Mine Can’t Halt All Russian Imports
ADB Raises $3.75bn in Return to US Bond Markets
China To Boost Winter Wheat Crop Management
‘Sound Fundamentals’ Will See China Through Crisis, Says Paper
Ping An Bank’s Net Profit Surges – Xinhua
Asia Stocks Halt Slide But US-Russia Oil Ban Impact Weighs
Contracts Shield Asia’s EV Battery Makers From Nickel Surge

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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