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Latest: Asia Stock Market News

Twitter Buyout in Doubt as Musk Financing Put on Hold
Twitter Buyout in Doubt as Musk Financing Put on Hold

Musk's lawyers wrote to Twitter on Monday warning he may walk away unless the social media company provides him with more data

Iran Wants New Currency for China Bloc With 30% of Global GDP
Iran Wants New Currency for China Bloc With 30% of Global GDP

Russian news agency Sputnik said the move was designed to bolster cooperation among Shanghai Cooperation Organisation nations ``as a bulwark against US sanctions.''

Asian Stocks Steady as Oil Worries Offset Easing Covid Curbs
Asian Stocks Steady as Oil Worries Offset Easing Covid Curbs

Traders across the region were lifted by China’s return to normal after weeks of Covid lockdowns but surging commodity prices continued to weigh

Sony Plans IPO of ‘Independent’ EV Venture With Honda – Nikkei
Temasek Pledges $5bn for Green Funding Arm – Straits Times
Didi Soars 50% on Report China to Lift Ban on New Users, App
Asian Stocks Lifted by Hopes US Will Cut China Tariffs
Musk Plan for a Million on Mars by 2050 a Delusion – Gizmodo
Biden to Lift Tariffs for Two Years on ASEAN Solar Panels
Bondholders a Bigger Worry in Africa Than China Debt Traps – SCMP

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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