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Latest: Asia Stock Market News

BoJ’s Kuroda Apologises for Rising Prices ‘Misunderstanding’
BoJ’s Kuroda Apologises for Rising Prices ‘Misunderstanding’

While conceding his words may have been inappropriate, Bank of Japan governor Haruhiko Kuroda said the remark was intended to help explain the need for more wage growth

US Eases China Shareholding Rules – The Register
US Eases China Shareholding Rules – The Register

Since June 1, US shareholders have not had to divest their holdings in Huawei, SMIC and many other banned Chinese companies, but they cannot buy more shares

Twitter Buyout in Doubt as Musk Financing Put on Hold
Twitter Buyout in Doubt as Musk Financing Put on Hold

Musk's lawyers wrote to Twitter on Monday warning he may walk away unless the social media company provides him with more data

Iran Wants New Currency for China Bloc With 30% of Global GDP
Asian Stocks Steady as Oil Worries Offset Easing Covid Curbs
Sony Plans IPO of ‘Independent’ EV Venture With Honda – Nikkei
Temasek Pledges $5bn for Green Funding Arm – Straits Times
Didi Soars 50% on Report China to Lift Ban on New Users, App
Asian Stocks Lifted by Hopes US Will Cut China Tariffs
Musk Plan for a Million on Mars by 2050 a Delusion – Gizmodo

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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