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Latest: Asia Stock Market News

Invesco Backs Off From Zee Board Changes – Nikkei Asia
Invesco Backs Off From Zee Board Changes – Nikkei Asia

Invesco Developing Markets Fund, which owns 18% of the company, said it backs Zee's proposed merger with Sony Pictures Network India

‘Unprecedented’ China Cash Flows May be Linked to Russia: IIF
‘Unprecedented’ China Cash Flows May be Linked to Russia: IIF

Numbers compiled by the Institute of International Finance show a dramatic shift in flows, mostly out of Chinese stocks. Investors are pulling out amid concern over Ukraine

Asian Stocks Edge Back After Biden Warns Beijing on Russia
Asian Stocks Edge Back After Biden Warns Beijing on Russia

Investors were distracted by more hawkish talk from the US Federal Reserve on rate hikes and fallout from the ongoing Russia-Ukraine conflict

Japan Prosecutors Urge SMBC Nikko Executive to Surrender
Samsung’s Controlling Family Sells $1.1bn in Shares to Pay Tax Bill
Moderna Wrestles with Pfizer for Japan Market Share
‘Meme Stock’ Rally Redux as GameStop, AMC Shares Rocket
China, India Attract ‘More Than Their Fair Share’ of VC Funds
Australia to Probe Managed Funds Over Misleading Behaviour
IFC Plan to Boost Pakistan’s Trade Finance Capability

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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