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Latest: Asia Stock Market News

Ocean Freight Fees Shoot up After New Red Sea Ship Attacks
Ocean Freight Fees Shoot up After New Red Sea Ship Attacks

Rates for ocean cargo have soared after an attempted attack on Wednesday and a bid to hijack a Maersk ship last Sunday; members of the UN Security Council have called on the Houthis to halt their attacks

Nikkei Dips on Quake Impact, Hang Seng Flat Despite Tech Rally
Nikkei Dips on Quake Impact, Hang Seng Flat Despite Tech Rally

Tokyo’s share average was hit by a post-earthquake shockwave with airline and construction stocks suffering

China Funds Told New A50 Index Best Reflects Economy
China Funds Told New A50 Index Best Reflects Economy

The CSI A50 has less weighting in the financial sector and leans more toward healthcare and new energy companies

China Stocks See Highest Foreign Outflows of 2023 in December
Smaller Profit Margins Help China’s BYD Steal Tesla’s EV Crown
China Gaming Stocks Rise as Official Axed in Rules Turnaround
Hang Seng Follows Wall Street Tech Slump as Rate Hopes Fade
China’s Top Banks Reducing Exposure to Small Regional Lenders
Evergrande’s $500m EV Share Sale Deal With Dubai Firm Lapses
State-Owned Developers Led China’s Real Estate Market in 2023

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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