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Latest: Asia Stock Market News

Ex-Chinese Worker ‘Key’ to Korea’s Worst Data Breach in Decade
Ex-Chinese Worker ‘Key’ to Korea’s Worst Data Breach in Decade

The personal data of 33.7 million customers was leaked in a months-long breach at South Korea's e-commerce giant Coupang. Users’ names, emails, phone numbers and other details were exposed

China’s Military Suppliers Hit by Corruption Purge, Report Says
China’s Military Suppliers Hit by Corruption Purge, Report Says

Revenues of China's top military firms fell 10% last year after the PLA and its Rocket Force were targets of a corruption crackdown ordered by President Xi, new report says

Toll From Floods, Cyclones in Sri Lanka, Southeast Asia Tops 1,300
Toll From Floods, Cyclones in Sri Lanka, Southeast Asia Tops 1,300

Warmer oceans are one reason Asia is experiencing more intense storms, but some of the latest cyclones were rare, as they formed close to the equator.

Nexperia Row With Chinese Parent Worsens Amid Chip Supply Pain
Hong Kong Towers’ Fire Alarms ‘Didn’t Work Properly,’ Toll 128
Vietnam’s 5G Deals With Huawei, ZTE Raise US Concerns
China Vanke Gets S&P Downgrade, Faces Rejig Amid Debt Crisis
China’s Baidu Laying Off Staff After Third Quarter Loss: Sources
Nvidia’s Biggest Chinese Buyer Can No Longer Use Its Chips For AI
Toll Rises, But Hundreds Still Missing in Deadly Hong Kong Blaze

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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