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Latest: Asia Stock Market News

Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT
Samsung Fossil Fuel Reliance ‘an Investment Risk’ – FT

That poses “systemic risks” to its future, the newspaper said, with customers and governments increasingly demanding more sustainable supply chains

Japan Airlines Pins Revival Hopes on Southeast Asia, North America
Japan Airlines Pins Revival Hopes on Southeast Asia, North America

The airline projected the number of flights to North America to return to pre-pandemic levels in the second half of the business year which began on April 1

Modi Calls for Action as Deadly Heatwave Threatens Economy
Modi Calls for Action as Deadly Heatwave Threatens Economy

More than two dozen people have died in India from exposure to extreme heat since late March, as temperatures surged past 40 degrees Celsius

Schroders, UOB Launch Sustainability Fund Amid Global Outflows
Sustainability Programme to Boost South Asian Cotton Growers
US Regulators Seen in China For Talks on Delisting Dispute
Asian Stocks Retreat as China Covid Fears, Inflation Weigh
China Stocks Plunge as Xi Doubles Down on Covid Strategy
Indian Court Halts Seizure of $725m in Xiaomi Assets
Nio Seeks Singapore Listing as US Ban Looms – TechCrunch

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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