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Latest: Asia Stock Market News

Insurer FWD Group Raises $200m in Pre-IPO Funding
Insurer FWD Group Raises $200m in Pre-IPO Funding

The deal means the Richard Li-backed group has raised $1.6 billion in the past month after the company ditched its US listing plans

Genting Hong Kong Cruise Line Files for Bankruptcy
Genting Hong Kong Cruise Line Files for Bankruptcy

Genting Hong Kong is majority controlled by Malaysian tycoon Lim Kok Thay, whose conglomerate owns casinos in UK and Southeast Asia

Honda Motor Signs Deal with Lithium-Metal Battery Maker
Honda Motor Signs Deal with Lithium-Metal Battery Maker

Japanese carmaker says SES planned to list on the New York Stock Exchange via Ivanhoe Capital Acquisition Corporation in a SPAC deal

China Bond Yields Fall as Central Bank Flags More Easing
Japan Debt Servicing Costs Could Hit Record in 2025
Myanmar to Export 450-500 Tonnes of Coffee – New Light
Asian Markets Drop as Bond Yields Rise Ahead of Fed
China Merchants Bank Backing First Hong Kong SPAC Listing
China Property Shares Climb as State Bank Unveils Buying Plan 
China Country Garden Swoops in With Mini Buyback as Bonds Slump

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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