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Latest: Asia Stock Market News

China Developers’ Bonds Extend Slide on Repayment Concerns
China Developers’ Bonds Extend Slide on Repayment Concerns

A Zhenro Sept 2024 exchange-traded bond slumped more than 25%, triggering a trading suspension, while onshore bonds issued by units of Logan, R&F, Shimao and Ronshine also fell

Yuan Up But Depreciation Pressure Rising, Worry on Asian Currencies
Yuan Up But Depreciation Pressure Rising, Worry on Asian Currencies

Slowing economic momentum and policy easing in China has cast a pall over the yuan's mid-term outlook, which is historically an ill wind for neighbours

Musk Donated Tesla Shares Worth $5.7bn to Charity in November
Musk Donated Tesla Shares Worth $5.7bn to Charity in November

The donation was worth $5.74 billion at the time he gave away the stocks, when US politicians were urging the wealthy to pay more tax. The charity or recipients of his gift have not been named

Asia Markets On Edge As Ukraine And Inflation Fears Weigh
Himalaya Yogi Ran India’s Top Bourse Like A Puppet Master: Regulator
Chinese Firms Revive US IPO Plans After Regulatory Crackdown
Rio Tinto, BHP, Fortescue Results to Put Focus on China Demand
India Cuts Tax on Crude Palm Oil Imports to Help Consumers, Refiners
Indian Crypto Exchanges Report Jump in New Investors – BL
New York To See First Chinese IPO in Seven Months – Nikkei

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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