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Latest: Asia Stock Market News

Indian Video App ShareChat Wins $300m from Google, Temasek
Indian Video App ShareChat Wins $300m from Google, Temasek

If the bid by Elon Musk to buy Twitter goes through, the Tesla chief executive will have potentially a stake of between 6% and 8% in the short video app

ADB Lends Philippines $400m to Develop Capital Markets
ADB Lends Philippines $400m to Develop Capital Markets

The bank said the funds would be directed at infrastructure development, which it described as "crucial for the country’s sustained economic growth"

Pakistan Optimism Rises Over Securing Deal With IMF
Pakistan Optimism Rises Over Securing Deal With IMF

The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid

Thailand Planning $1.6bn Bond Issue to Plug Deficit
Carbon Neutral Bitcoin ETF Rejected by US Regulator
Wirecard Shortseller Targets India Edtech Byju’s – Morning Context
Asian Stocks Lifted by China Data But Inflation Fears Weigh
China Tells Provinces to Issue Huge Amount of Bonds in June
China, US 10-Year Yield Gap Erased – Chart of the Week
Chairman, CEO Quit as Australia’s AGL Dumps Breakup Plan

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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