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Latest: Asia Stock Market News

China’s SenseTime Reassessing Its $767m Hong Kong IPO
China’s SenseTime Reassessing Its $767m Hong Kong IPO

Move comes after FT reported the US will put the firm on an investment blacklist on Friday, meaning US investors could not buy shares in the group

SoftBank Offloads $550m in WeWork Debt, Pushing Up Yield
SoftBank Offloads $550m in WeWork Debt, Pushing Up Yield

The low price pushed up the yield, which moves inversely to the price, on the bonds to 9.75%, underscoring their lacklustre reception

Toshiba Investors Fret Over Lack of Clarity on Breakup
Toshiba Investors Fret Over Lack of Clarity on Breakup

Japanese conglomerate has proposed an extraordinary general meeting in the January-March quarter to gauge shareholder support

Vietnam Closures Hit Iconic UK Shoemaker Doc Martens: FT
Coffee Industry Board Launched: Shanghai Daily
Yuan-Dollar Breakup Signals Rocky Road: Caixin
Foreign Holdings Of China Government Bonds Hit New Record
Asia Markets Boosted As Omicron Variant Threat Fades
Better.com Boss Says Sorry Over Zoom Firings
Hong Kong Bourse Suspends Trading in Macau’s Suncity Shares

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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