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Latest: Asia Stock Market News

Asia Copper Prices Fall as China Metal Benchmarks Inch Up
Asia Copper Prices Fall as China Metal Benchmarks Inch Up

Base metal prices in London lower across the board while the benchmarks in top metals consumer China were mostly higher

Israel’s eToro Valuation Dips 15% After Amended SPAC Deal
Israel’s eToro Valuation Dips 15% After Amended SPAC Deal

FinTech Acquisition Corp V said it amended terms of merger with the Israeli online brokerage, cutting its valuation to $8.8 billion from $10.4 billion

Japan Seeks Faster IPO Listing Process – Nikkei Asia
Japan Seeks Faster IPO Listing Process – Nikkei Asia

The Japan Securities Dealers Association will recommend cutting the waiting period to about 21 days

Tikehau Wins OK for Singapore SPAC – Straits Times
SenseTime The Big Winner Despite Flat Asian Trade
Saudi King Says OPEC+ Deal Essential to Oil Market Stability
China’s Foreign Equity Inflows Set Record – SCMP
China to Issue Record Treasury Bonds in 2022, Guide Rates Lower
Explainer: How China’s New Offshore Listing Rules Will Work
In Bruising Year for China Stocks, Some Still Made Money 

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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