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Latest: Asia Stock Market News

China Upset Over ‘Dangerous’ US Weapons Package For Taiwan
China Upset Over ‘Dangerous’ US Weapons Package For Taiwan

A spokesperson for China’s Defence ministry said the US must stop all forms of “military collusion” with Taiwan, saying Taiwan is a core Chinese interest that must not be crossed.

Nikkei Boosted by Weak Yen, Hang Seng Drops on Policy Doubts
Nikkei Boosted by Weak Yen, Hang Seng Drops on Policy Doubts

There was optimism on trading floors that the battle with inflation is close to ending but worries over China’s recovery and Beijing’s support plans weighed

China Battery Firms Pump $4.4bn Into Korea for US EV Credits
China Battery Firms Pump $4.4bn Into Korea for US EV Credits

The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles

Nikkei Gains on Fed Hopes, China Stimulus Boosts Hang Seng
Ant IPO Unlikely in the Short Term, Chinese State Media Says
Korea Superconductor Papers Published ‘Without Consent’ – Yonhap
VinFast Set For August US Listing Through $23 Billion Merger
AMD to Build Massive $400 Million Chip Design Centre in India
Stagnant Demand, China Woes Temper Waning Chip Glut Cheer
China Likely Sending Military Tech to Russia: US Intelligence

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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