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Latest: Asia Stock Market News

China’s Focus on High-Tech Manufacturing Spurs Trade Fears
China’s Focus on High-Tech Manufacturing Spurs Trade Fears

Beijing's bid to upgrade manufacturing of high-tech goods like chips, solar panels, lithium batteries and EVs has led to concern the world will be flooded with an excess of such products

Hang Seng Gains, Nikkei Flat as China Fears, Earnings Distract
Hang Seng Gains, Nikkei Flat as China Fears, Earnings Distract

Asia’s major indexes largely advanced but China’s stuttering recovery and this week’s Xi-Biden meet saw many traders staying on the sidelines

Biden Keen to Resume Military Ties With China to Avoid Flare-ups
Biden Keen to Resume Military Ties With China to Avoid Flare-ups

The Biden-Xi talks on Wednesday will cover issues from Israel's war with Hamas, Russia's war with Ukraine, North Korea, Taiwan, the Indo-Pacific, rights, fentanyl, plus AI, trade and economic ties

Chinese Chipmaker Sues Micron For Alleged Patent Infringements
Livent Starts Push for $10.6bn Merger to Create Lithium Giant
‘Serious’ Cyber Attack Halts Work at Four Australian Ports
US Playing a ‘Sad Game’ With Nvidia, Chip Firms: Chinese Media
ICBC Relays Cash to US Unit, Orders Review into Cyber Attack
Yellen Reminds China: Firms Helping Russia Will Face Sanctions
Arm’s Pricey Valuation Under the Scanner as Revenues Look Soft

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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