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Latest: Asia Stock Market News

Hong Kong’s Gusto Raises $11m to Boost Web3 Services
Hong Kong’s Gusto Raises $11m to Boost Web3 Services

The company has partnered with Hong Kong’s largest wireless mobile operator, CSL, to create 5G AR experiences through an app it created

India’s LIC Will Bounce Back From Lukewarm IPO: Analysts
India’s LIC Will Bounce Back From Lukewarm IPO: Analysts

The stock market debut of the Life Insurance Corporation of India received a cool response from investors with market volatility and claims of over-pricing blamed

Binance Sees $1.6 Billion Evaporate on TerraUSD-Luna Crash
Binance Sees $1.6 Billion Evaporate on TerraUSD-Luna Crash

Binance had invested $3 million in TerraUSD's sister cryptocurrency, Luna, four years ago. Its value plunged from $1.6 billion before last week's crash to less than $3,000 today. 

Tencent Music Revenue Falls in First Quarter as Shares Jump
Asian Shares Boosted by Signs China is Winning Covid Fight
Zhongliang Gets Nod to Swap Most 2022 Bonds to New Notes
Tough Rules, Competition Stifling China Startup IPO Plans – Nikkei
India’s Record IPO Set for a Soft Debut on Bearish Sentiment
Asian Stocks Edge Ahead But China’s Covid Gloom Continues
IMF Boosts Yuan, Dollar Weightings in SDR Basket, Trims Euro

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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