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Latest: Asia Stock Market News

Musk Plan for a Million on Mars by 2050 a Delusion – Gizmodo
Musk Plan for a Million on Mars by 2050 a Delusion – Gizmodo

Even NASA isn't expecting to land a person on Mars for close to 20 years, and establishing a colony on Mars is too daunting a task, Gizmodo says.

Biden to Lift Tariffs for Two Years on ASEAN Solar Panels
Biden to Lift Tariffs for Two Years on ASEAN Solar Panels

US President to declare an exemption on Monday for solar panels from four Southeast Asian nations, to end a deadlock caused by a Commerce probe on whether they circumvent China tariffs

Bondholders a Bigger Worry in Africa Than China Debt Traps – SCMP
Bondholders a Bigger Worry in Africa Than China Debt Traps – SCMP

China is the continent's biggest bilateral creditor but most debt is due to private Western holders of African debt, the report says

Asian Stocks Edge Ahead as Traders Wait on US Jobs Data
Sri Lanka Seeks $6bn to Repay Fuel Bills, Bolster Forex
Indonesia Sells $624m Samurai Bonds to Plug Fiscal Deficit
Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’
South Korea Inflation Rises at Fastest Pace in Almost 14 Years
Asian Shares Dip as Inflation, Recession, Oil Fears Weigh
Tesla’s Elon Musk Criticised Over Back-to-Work Order

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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