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Latest: Asia Stock Market News

Raimondo Says Chinese EVs Are a National Security Risk For US, EU
Raimondo Says Chinese EVs Are a National Security Risk For US, EU

The US commerce secretary raised concerns about the data collected by Chinese EVs in a chat alongside EU Commissioner Margrethe Vestager

Red Sea Crisis Likely to Drag on For Some Time: Shipping Chief
Red Sea Crisis Likely to Drag on For Some Time: Shipping Chief

A political deal and a venture to protect freight vessels could bring a resolution to the crisis within six months, the CEO of Hapag-Lloyd said. Meanwhile, the EU plans to launch a naval mission to intercept attacks in coming weeks

Oil Producers, Carmakers Knew of Climate Risk in 1954 – Guardian
Oil Producers, Carmakers Knew of Climate Risk in 1954 – Guardian

Newly found documents show fossil fuel interests funded research in 1954 to measure the impact of CO2 on the atmosphere, indicating that the oil industry knew about 'the threat to civilization' nearly 70 years ago

Nikkei Tops Global Tree, China Data Weighs on Hang Seng
China Moves to Lift Property Sector Amid Evergrande Crash Fears
Will Evergrande Really be Liquidated? Not if China Says No
China Way Ahead of US in Chip Startup Funding – PitchBook
Evergrande’s Fall Weighs on Hang Seng, Tech Boost Lifts Nikkei
Teradyne Pulled $1bn of Chip Testing Equipment Out of China
US Lawmakers Seek Probe Into China Firms in Ford Battery Plant

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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