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Latest: Asia Stock Market News

FTX CEO Bankman-Fried Charged With Fraud Post Arrest – Reuters
FTX CEO Bankman-Fried Charged With Fraud Post Arrest – Reuters

Bankman-Fried was arrested in the Bahamas on Monday, at the request of US authorities, a day before he was scheduled to testify before Congress

Asia Stocks Slip as Rate Hike Fears Add to Downbeat Outlook
Asia Stocks Slip as Rate Hike Fears Add to Downbeat Outlook

The region’s indexes began the week on the back foot with worries over inflation and the US Fed’s next move distracting traders

India to Russia Rupee Shipments to Begin Next Week – Mint
India to Russia Rupee Shipments to Begin Next Week – Mint

The system is ready to be tested after exporters had an importers have opened new bank accounts to enable rupee trade.

US ‘Desperate’ For Better Ties, Says China on Delegation Visit
Covid Cases Surge in China as Officials Continue Easing Curbs
Premium Chinese EV Brand Seeks Over $1 Billion in US IPO
Covid Risk Keeps Businesses Shut Even as China Eases Curbs
China’s Xi Urges Gulf Nations to do Energy Deals in Yuan
‘Asia’s Lithium Capital’ Halts Production Amid Probe – SCMP
Asia Stocks Lifted by China Covid Curbs Roll-Back Hopes

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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