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Latest: Asia Stock Market News

Malaysia Plans To Attack Palm Oil Critics – Nikkei
Malaysia Plans To Attack Palm Oil Critics – Nikkei

Zuraida Kamaruddin, who oversees Malaysia's plantations, said a more assertive communications plan is needed to play up the positives

Auditor Changes Affect 88 Chinese Firms – Business Herald
Auditor Changes Affect 88 Chinese Firms – Business Herald

Since December 2021, 88 listed Chinese companies have changed accountants and auditors, offering various reasons for the switch

Citi Opens Clearing, Settlement Deal with New Beijing Bourse
Citi Opens Clearing, Settlement Deal with New Beijing Bourse

The lender can now support Qualified Foreign Institutional Investors, who have direct access to A-shares denominated in yuan on Chinese stock exchanges

Asian Stocks Struggle Despite Easing US Inflation Fears
Uniqlo Owner Posts Higher Profit as Japan, China Sales Lag
Belt and Road Lifts Profile of Rail Transport, Study Finds
Coinbase Buys Futures Exchange in Crypto Derivatives Push
Australia’s Crown Set to Back $6.5bn Blackstone Buyout Offer
Evergrande Wins Payment Extension As Rivals Face Default
Sri Lanka Rules Out IMF Bailout, Seeks New China Loans

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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