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Latest: Asia Stock Market News

Japan’s Mazda Pledges Carbon Neutral Factories by 2035
Japan’s Mazda Pledges Carbon Neutral Factories by 2035

The carmaker will procure electricity from renewable sources and use carbon-neutral vehicles at its factories, among other measures, it said in a statement

Asia Stocks Mixed, Slipping in China Despite Shanghai Reopening
Asia Stocks Mixed, Slipping in China Despite Shanghai Reopening

Markets slid lower in China and India on Wednesday, while stocks in Japan were boosted by a jump in the auto sector, and there were gains in Australia helped by GDP data that topped forecasts

Indian Video App ShareChat Wins $300m from Google, Temasek
Indian Video App ShareChat Wins $300m from Google, Temasek

If the bid by Elon Musk to buy Twitter goes through, the Tesla chief executive will have potentially a stake of between 6% and 8% in the short video app

ADB Lends Philippines $400m to Develop Capital Markets
Pakistan Optimism Rises Over Securing Deal With IMF
Thailand Planning $1.6bn Bond Issue to Plug Deficit
Carbon Neutral Bitcoin ETF Rejected by US Regulator
Wirecard Shortseller Targets India Edtech Byju’s – Morning Context
Asian Stocks Lifted by China Data But Inflation Fears Weigh
China Tells Provinces to Issue Huge Amount of Bonds in June

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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