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Latest: Asia Stock Market News

Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’
Winklevosses’ Gemini Sued by US Amid ‘Crypto Winter’

The Commodity Futures Trading Commission seeks "disgorgement of ill-gotten gains", civil monetary penalties and an injunction against further violations of the Commodity Exchange Act

South Korea Inflation Rises at Fastest Pace in Almost 14 Years
South Korea Inflation Rises at Fastest Pace in Almost 14 Years

The CPI rose 5.4% in May from a year before, according to Statistics Korea data, faster than the 4.8% rise the previous month and above the 5.1% tipped in a Reuters poll

Asian Shares Dip as Inflation, Recession, Oil Fears Weigh
Asian Shares Dip as Inflation, Recession, Oil Fears Weigh

China’s markets were lifted by easing Covid curbs and new stimulus measures but global recession worries cast a shadow over Hong Kong and Tokyo

Tesla’s Elon Musk Criticised Over Back-to-Work Order
Ant Group Names HKEX Chair Laura Cha to Board
China Local Governments Issue $302bn in Special Bonds This Year
China EV Maker WM Motor Files for Hong Kong IPO
Japan’s Mazda Pledges Carbon Neutral Factories by 2035
Asia Stocks Mixed, Slipping in China Despite Shanghai Reopening
Indian Video App ShareChat Wins $300m from Google, Temasek

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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