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Latest: Asia Stock Market News

Global Trade Shrinks on Red Sea Woes But China Bucks the Trend
Global Trade Shrinks on Red Sea Woes But China Bucks the Trend

A tanker was reportedly seized on Thursday by armed men near Oman and headed toward Iran; attacks on vessels near the Red Sea are taking a toll on global commerce.

Nikkei Leaps to New 34-Year Peak, Tech Sparks Hang Seng Rally
Nikkei Leaps to New 34-Year Peak, Tech Sparks Hang Seng Rally

Investor focus was on US inflation data due out later in the day while in Japan a weak yen helped fuel another dramatic rally

US Approval For Bitcoin ETFs, a Game-Changer For Crypto
US Approval For Bitcoin ETFs, a Game-Changer For Crypto

The US Securities and Exchange Commission's decision to approve Bitcoin ETFs is a landmark move for the crypto sector

Indian AI Ethics Firm CEO Held For ‘Murder’ of 4-Year-Old Son
Finland Says President Discussed Damaged Gas Pipeline With Xi
Nikkei Jumps to 34-Year High, Hang Seng Dips on China Woes
China’s Focus on Infrastructure, State Industry Squeezing Families
China Says it Overtook Japan to be World’s Top Car Exporter
CES 2024: Nvidia Set to Drive China EV Firms’ Autonomous Cars
Tech Rally Lifts Nikkei to 33-Year High But Hang Seng Slides

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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