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Latest: Asia Stock Market News

China’s Cosco Shipping, Fortescue Eyeing Ammonia-Fuelled Ships
China’s Cosco Shipping, Fortescue Eyeing Ammonia-Fuelled Ships

Firms sign an MoU on building and using ammonia-fuelled vessels owned either by COSCO or both firms to cut emissions while shipping minerals

Vietnam Enjoys Big Jump in Exports, Industrial Production
Vietnam Enjoys Big Jump in Exports, Industrial Production

Officials say exports in July were said to have risen by 19% this month from 2023, while an index for industrial production rose by 11.2%

China’s Country Garden Gets 6-Month Reprieve on Liquidation Hearing
China’s Country Garden Gets 6-Month Reprieve on Liquidation Hearing

Hong Kong court on Monday gives giant debt-laden conglomerate nearly six months to  finalise a rejig of its offshore debt, while Evergrande's EV unit may also face bankruptcy proceedings

Nikkei Rallies on Big Tech Bets, Hang Seng Rides Wall St Wave
Forced Sale of TikTok is About Security, Not Free Speech, US Says
Huawei Phone Sales Soar In China, Apple Not Even in The Top 5
China Power Consumption Soars With Tech, EV Growth – C/Daily
Nikkei’s 8-Day Losing Run, Hang Seng Gains On US Growth Bets
Chinese Firms Trying to Cut Indonesian Nickel Smelter Stakes
Typhoon Pounds China’s Fujian After Lashing Taiwan, Manila

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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