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Latest: Asia Stock Market News

Cannon-Brookes, Brookfield Raise AGL Offer – The Age
Cannon-Brookes, Brookfield Raise AGL Offer – The Age

  Tech billionaire Mike Cannon-Brookes and international asset manager Brookfield have raised their bid to buy Australian energy giant AGL...

Ambani’s Reliance Seizes Future Stores in Stealth Operation
Ambani’s Reliance Seizes Future Stores in Stealth Operation

Reliance Industries, India's biggest conglomerate run by Mukesh Ambani, the country's richest man, presses ahead with a shock de facto takeover

Chinese Minister Warns of ‘Worst’ Wheat Crop in History
Chinese Minister Warns of ‘Worst’ Wheat Crop in History

Minister of agriculture and rural affairs Tang Renjian said that rare heavy rainfall last year delayed the planting of a third of the normal acreage

China to Stick With Coal Despite Desert Energy Plan
India Wheat Exports to Hit Record as War Cuts Supply
Hong Kong’s BEA Sells Non-Life Insurance Assets to AIA Unit
Chinese Investors Look for Russia-Related Opportunities
China Sets 5.5% GDP Growth Target, Indicating More Policy Easing 
Macquarie, KKR in Talks to Buy UK Power Networks – FT
China Warns Insurers Over Russia, Ukraine Exposures

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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