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Latest: Asia Stock Market News

China Solar Panel Costs Plunge in 2023, 60% Cheaper Than US
China Solar Panel Costs Plunge in 2023, 60% Cheaper Than US

Panel production costs in the world's largest producer of solar energy have declined a whopping 42% from year ago, dropping as low as 15 cents per watt

China Central Bank Set to Boost Liquidity, Poll Forecasts
China Central Bank Set to Boost Liquidity, Poll Forecasts

The bulk of market analysts surveyed recently expect the People's Bank of China to boost liquidity and keep the one-year medium-term lending rate unchanged on Friday

Senior Auditors Wary on Review of VW Plant in China’s Xinjiang
Senior Auditors Wary on Review of VW Plant in China’s Xinjiang

Some staff at German consultancy distanced themselves over an audit by the firm that found no forced labour at a Volkswagen joint venture in China's Xinjiang province

Hang Seng Lifted by Fed U-Turn Signal, Yen Surge Hurts Nikkei
Country Garden to Gain $428m From Wanda Unit Stake Sale
Foreign Investors Turn to Asia Bonds as US Yields Dip
US Still Backing China Firm Providing Chips for Drones, PLA Units
New Huawei Laptop Fuels Talk of Sanctions-Beating 5nm Chip
China, Vietnam Sign Rail and Data Deals, While Upgrading Ties
Hang Seng Dips on Stimulus Gloom, Nikkei Lifted by Tech Boost

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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