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Latest: Asia Stock Market News

Egypt Confirms Indian Wheat Could be Added to Import List
Egypt Confirms Indian Wheat Could be Added to Import List

A delegation is in India "looking at phytosanitary measures and examining Indian grains in preparation for the accreditation of India as a wheat import origin"

How China Videogame Firms Toed Line to End Licence Freeze
How China Videogame Firms Toed Line to End Licence Freeze

The timing of the relaxation was unexpected, but companies bent over backwards after facing heavy criticism from authorities for being non-compliant, analysts said

Japan Core Machinery Orders Sink to Near Two-Year Low
Japan Core Machinery Orders Sink to Near Two-Year Low

The data added to concerns that Japanese firms are holding off on investments amid a profit squeeze from rising energy and raw materials costs

Soaring Inflation Takes Toll on Asia’s Street Food Sellers
Australia’s EML Says it Ceased Talks Over Bain Buyout
PE Managers Seek Hollywood Star Power – FT
Freeport Seeks $3bn for Copper Smelter – Jakarta Post
China Vows to Help Sri Lanka Debt – Times of India
Taiwan iPhone Maker Pegatron Halts Work at Two China Plants
How India’s Tech IPO Boom Turned to Bust

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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