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Latest: Asia Stock Market News

Grayscale Sues US SEC Over Bitcoin ETF Rejection
Grayscale Sues US SEC Over Bitcoin ETF Rejection

The regulator has rejected more than a dozen proposals for spot bitcoin ETFs over the past year, with much of its focus on the lack of any "surveillance-sharing agreements"

Indian Rupee Hits Record Low Amid Inflation, Growth Fears
Indian Rupee Hits Record Low Amid Inflation, Growth Fears

The currency weakened amid concerns about rising inflation and tepid growth, even as India's central bank sold dollars to limit losses

Manulife Seeks 100% Ownership of China Funds Arm
Manulife Seeks 100% Ownership of China Funds Arm

Regulators accepted an ownership change application as the Canadian firm pledged to expand both its Asian and asset management units

Easing Covid Rules and Growth Focus Lure Investors Back to China
China Job Confidence Lowest Since 2009, Survey Shows
India Cement Maker Pays For $26m Russian Coal Cargo in Yuan
Asia Stocks Slump as Global Recession Fears Deepen Gloom
China’s Tianqi Lithium Seen Launching $2bn Hong Kong Listing
Low Inflation Keeps Japan on Ultra-Loose Monetary Track
Finance Expats Flee Singapore Restrictions – Sunday Times

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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