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Latest: Asia Stock Market News

India’s Biocon Seeks China Firm to Test Diabetes, Diet Drugs
India’s Biocon Seeks China Firm to Test Diabetes, Diet Drugs

Indian pharma giant wants a Chinese partner to test generic versions of hot-selling semaglutide drugs such as Ozempic and Wegovy

China Signs $2.8bn Deals in Malaysia, Eyes Pan SE Asia Rail Link
China Signs $2.8bn Deals in Malaysia, Eyes Pan SE Asia Rail Link

Multiple deals agreed in KL on banking, energy and education. Beijing will also study a revised plan to connect Malaysia to a high-speed rail link from Thailand to Singapore

Chinese Carmakers Call For 25% Retaliatory Tariffs on EU Cars
Chinese Carmakers Call For 25% Retaliatory Tariffs on EU Cars

At a closed door meeting also attended by European carmakers, Chinese automakers alleged the EU anti-subsidy probe was a ploy to steal their business secrets

China ‘Underground Banks Laundered $50m Drug Cash’ – G’dian
China Tamps Down Lithium Battery Makers Amid Overcapacity Worry
China’s PBOC May Start Bonds Trading, Amid Stability Concerns
US ‘Wants Allies to Block Equipment to More China Chipmakers’
Nikkei Recovers, Hang Seng Slips Amid Wait For Fed Comments
Akio Toyoda Re-Elected Toyota Chairman Amid Safety Test Scandal
Vietnam’s Internet Cables ‘Down’, Days Before Putin Visit

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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