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Latest: Asia Stock Market News

Nikkei Slides as Rates Fears Weigh, Tech Weighs on Hang Seng
Nikkei Slides as Rates Fears Weigh, Tech Weighs on Hang Seng

Investors were playing the waiting game on Thursday, ahead of key jobs data out of the States and looking for signals from the US Fed on rates

EU Leaders Meet Xi in Beijing Amid Concern on Trade Imbalance
EU Leaders Meet Xi in Beijing Amid Concern on Trade Imbalance

European leaders meet President Xi in Beijing for talks on their huge trade imbalance, to EV subsidies, plus the bloc's push to 'de-risk' from China. Both sides were low on expectations

China’s Push to Reform Historic Residency Rules Hits Hurdles
China’s Push to Reform Historic Residency Rules Hits Hurdles

Chinese officials acknowledge strong rationale for change but baulk at taking decisive moves that may disrupt social stability and burden indebted cities with added costs

December Highs Take India’s Market Cap to Record $4.2 Trillion
Electric Vehicles Speeding up The Demise of the Oil Era: IEA
China’s Big Fund Bumps Up Investments in Chip Supply Chains
Tech Gains Boost Nikkei, Hang Seng Rallies on Fed Hopes
China’s Stock Index Near 5-Year Low After Moody’s Outlook Cut
Nvidia ‘Working Closely With US Govt’ so China Chips Meet Curbs
Raimondo’s Nvidia Chip Warning, Vow of Firmer Curbs Irks China

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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