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Latest: Asia Stock Market News

Musk May Build China Data Centre for Tesla Self Driving System
Musk May Build China Data Centre for Tesla Self Driving System

In a shift by Tesla chief Elon Musk, data from China could be processed in the country to develop its full-self-driving system, sources said

Nikkei Dips on Fading Rate Hopes, Hang Seng Gains on Policy Bets
Nikkei Dips on Fading Rate Hopes, Hang Seng Gains on Policy Bets

Investor optimism over a U-turn on interest rates proved short-lived while more poor China data fuelled hopes of new stimulus from Beijing

Putin and Xi Condemn the US, Push for Ukraine Settlement
Putin and Xi Condemn the US, Push for Ukraine Settlement

A joint statement issued by the two leaders said a political settlement to the Ukraine crisis was the "right direction" and that both countries were opposed to a drawn-out conflict

US to Target Chinese Connected Cars Over National Security
Biden Scraps Tariff Exemption, to Protect US Solar Sector
Microsoft Asks China AI Staff if They Want to Shift Abroad
Nikkei Lifted by Rates Bets, Hang Seng Gains on Property Boosts
India Now the World’s Third Biggest Generator of Solar Power
Huawei Mania Heads Beyond China as it Steps up Marketing Blitz
Project Liberty Forms Group to Bid For TikTok’s Operations in US

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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