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Latest: Asia Stock Market News

Prudential-Owned PGIM Boosts Its Asia Investment Team
Prudential-Owned PGIM Boosts Its Asia Investment Team

As vice-chairman, Chang will play a key role in building out the Asian hub for PGIM Investments, as well as enhance PGIM’s overall presence

Singapore Company to Help Modernise Nigerian Agribusiness
Singapore Company to Help Modernise Nigerian Agribusiness

The company will use the International Finance Corporation loan to build modern warehouses and processing facilities in northern Nigeria

Surging Prices Nudge Asia Central Bank Hawks Into Action
Surging Prices Nudge Asia Central Bank Hawks Into Action

Regional economies have largely lagged behind US and European re-openings from the pandemic, but central banks that looked past inflation pressures are now reassessing their positions

China’s JD.com Names Lei Xu as New Chief Executive
Robotics Startup CynLr Raises $4.5m to Enter US – Inc42
Sri Lanka’s Currency Plunges to World’s Worst-Performing – FT
China’s ‘Little Nvidia’ Not So Homegrown – The Information
India Cartel Probe Into SBI, Axis, IDBI Trustee Units
Asia Stocks Retreat as Covid’s China Surge, Fed Fears Weigh
War in Ukraine, China Lockdowns Causing a Plunge in World Trade

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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