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Latest: Asia Stock Market News

Indonesia’s Curbs on Commodities Rattle Markets, More Moves Likely
Indonesia’s Curbs on Commodities Rattle Markets, More Moves Likely

Resource-rich nation banned coal exports for January, imposed curbs on palm oil shipments, and also floated the idea of an export tax on nickel pig iron – all in the opening weeks of 2022

Palm Oil Scales Record Prices on Reduced Indonesia Supply Outlook
Palm Oil Scales Record Prices on Reduced Indonesia Supply Outlook

Jakarta shocked global edible oil markets last week by implementing a new rule that made it mandatory for palm oil producers to sell 20% of their output to domestic consumers at fixed prices

Chinese Developer Shimao Shares Jump After More Asset Sales
Chinese Developer Shimao Shares Jump After More Asset Sales

Developer and its chairman sold a Shanghai hotel and a stake in a Hong Kong development, respectively, for a total of $836 million

Ansell Plunges as Covid Disruptions Damage Earnings – The Age
ASEAN Startup Fundraising More Than Doubled in 2021 – Nikkei
BharatPe Said to Be Terminating Cofounder Ashneer Grover
Philippines Lifts BSE Ban on Canadian Beef Imports
Indonesia’s Palm Oil Export Curbs Roil Global Market
Daimler Drives New Image with Name Change to Mercedes-Benz
China Regulator Delivers Upbeat Message to Foreign Banks

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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