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Latest: Asia Stock Market News

Southeast Asia’s Grab Slumps in US Debut After Record SPAC Deal
Southeast Asia’s Grab Slumps in US Debut After Record SPAC Deal

Backdoor listing on Nasdaq marks the high point for the nine-year-old Singapore company that began as a ride-hailing app and now operates in eight countries

Didi to Delist From US for Hong Kong Following Tech Crackdown
Didi to Delist From US for Hong Kong Following Tech Crackdown

Chinese regulators pressed Didi's top executives to devise a plan to delist from New York due to concerns about data security; group will prepare for a listing in Hong Kong, it said

China Aoyuan Shares Plunge 17% After Creditor Demand
China Aoyuan Shares Plunge 17% After Creditor Demand

The demands were due to rating downgrades and the company warned shareholders it might be unable to pay up due to a liquidity crunch

Kaisa In Last-Ditch Talks With Bondholders As Default Looms
Singapore Fund Buys Stake in Laox Duty Free: Nikkei Asia
Hanoi Stock Exchange to Develop Commodity Derivatives: VN News
Asian Markets Wary Of Omicron Threat As US Sees First Case
China’s Yuan Eases from Six-Month Dollar Peak
China’s Weibo to Raise $385m in Hong Kong Listing
Suncity Shares Slide After Macau Gaming Rooms Shut

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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