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Latest: Asia Stock Market News

Consumer Confidence in China Drops to Near Historic Lows
Consumer Confidence in China Drops to Near Historic Lows

China's consumer confidence index slipped to 86 in July, just above the level in late 2022 during the Covid pandemic, while the employment index hit a record low

UK Study Found AI Models’ Responses Collapsed Into Nonsense
UK Study Found AI Models’ Responses Collapsed Into Nonsense

Researchers found a disturbing drop in quality, which they called "model collapse," when they set out to test AI tools on material already generated by AI models

Hang Sengs Dips Despite Property Boost, Yen Weighs on Nikkei
Hang Sengs Dips Despite Property Boost, Yen Weighs on Nikkei

Looming jobs figures from the US saw another subdued day of trading with currency moves and China stimulus the main focus

Chinese Fund Manager Asks Execs to Return ‘Excess’ Pay
Facebook Partner Says Phone Apps Spy on Users for Adverts
Bold Climate Action Can be Great for Business, Study Finds
Nikkei Nosedives on Tech Sell-Off, US Fears Weigh on Hang Seng
Call for US Product Safety Probe of Items Sold on Shein, Temu
China Likely to Spend $50 Billion on Chip Equipment This Year
Mongolia Ignores ICC Warrant, Welcomes Vladimir Putin

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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