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Latest: Asia Stock Market News

Hang Seng Gains on Slowing Profit Slump, Weak Yen Lifts Nikkei
Hang Seng Gains on Slowing Profit Slump, Weak Yen Lifts Nikkei

Investors were buoyed by news of a possible turnaround on the horizon for China’s manufacturers but forecasts of higher interest rates for longer limited advances

China’s Trina Solar Eyeing Third Vietnam Plant After US Sanctions
China’s Trina Solar Eyeing Third Vietnam Plant After US Sanctions

Top panel maker is looking to invest $400-600 million in a third plant on 25 hectares of industrial land, with production starting in 2025

China Evergrande Stock Sinks Amid Report of Police Action
China Evergrande Stock Sinks Amid Report of Police Action

Shares of embattled developer plunged 19% in afternoon trading in Hong Kong after a report police were monitoring the activities of the group's founder, amid fear the group faces liquidation

Alibaba Break-Up Gets Underway With Cainiao Listing Move
Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones
Key Evergrande Unit Misses $547m Bond Dues as Crisis Worsens
Hang Seng Drops on Property Worries, Nikkei Slips on Chips
German Carmakers Fear EU’s China EV Probe: Minister – Politico
China Bans Top Nomura Investment Banker From Exiting Mainland
Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears

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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