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Latest: Asia Stock Market News

Asian Stocks Advance After Omicron Threat Downgraded
Asian Stocks Advance After Omicron Threat Downgraded

Studies reveal variant leads to fewer hospitalisations, while positive US data added to the feel-good factor

Bank of Japan Offers $18bn in Loans to Fight Climate Change
Bank of Japan Offers $18bn in Loans to Fight Climate Change

The combined 2.05 trillion yen ($17.94 billion) in loans will be disbursed on Friday and mature in January 2023, the central bank said in a statement

Vietnam’s Vingroup Plans $1.5bn Bond Issue for Car Unit
Vietnam’s Vingroup Plans $1.5bn Bond Issue for Car Unit

The funds will be used to repay loans and for the expansion of VinFast, the group's automobile unit, it said. Bondholders will be able to exercise options to receive shares in VinFast Singapore.

SenseTime Plans $740m Fundraising in Revised IPO
India Now Third-Largest Home for ‘Unicorns’ – Deccan Herald
CBL Insurance Fraud Defendant Dies Before Trial – NZ Herald
China Boosts Local Government Special Bonds – Xinhua
China Property’s $170bn Bonus Bill Risks Instability: Nomura
Asian Markets Advance But Omicron Uncertainty Weighs
SE Asians Turning to Riskier Investments, Says Schroders

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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