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Latest: Asia Stock Market News

Report Explains How China Got Round US’s Initial Chip Curbs
Report Explains How China Got Round US’s Initial Chip Curbs

Beijing bought $14-billion worth of chipmaking equipment from the Netherlands and other countries this year, before they imposed bans to compliment the US-led effort

Analysts Wary Despite China’s Factory, Consumption Growth
Analysts Wary Despite China’s Factory, Consumption Growth

Holiday spending is likely to have boosted the latest factory and retail data for October, according to analysts, who say a proper recovery is still elusive

China EV Sales Hit Record in October Amid Demand Slowdown Worry
China EV Sales Hit Record in October Amid Demand Slowdown Worry

China seems poised to the end the year on a high too, with the final two months of the year seen as seasonally high for vehicle sales

China Tells Local Officials to Halt Risky Public-Private Projects
China Plans New Checks For Auditors, Accounting Firms
Nikkei Rises, But Hang Seng Slips Ahead of US Inflation Data
Biden, Xi Will Vow to Ban AI in Nuclear Weapons, Drones – SCMP
Kishida-Xi Talks May Touch on Arrests Killing Bilateral Business
China’s Top Bank Paid Ransom After Cyber Attack, Gang Says
China’s Didi Posts Quarterly Profit as Comeback Continues

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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