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Latest: Asia Stock Market News

China’s Hozon Taps Thailand to Make EVs For Southeast Asia
China’s Hozon Taps Thailand to Make EVs For Southeast Asia

Thailand aims to become a key player in the global EV supply chain outside of China by offering tax cuts and subsidies to drive EV adoption and production

Warren Buffett Says He Prefers Investing in Japan to Taiwan
Warren Buffett Says He Prefers Investing in Japan to Taiwan

The billionaire, who recently slashed his multi billion-dollar stake in Taiwanese chipmaker TSMC, said he was 'pleasantly surprised' at the progress of recent Japanese investments

HSBC Defeats Asia Spin-Off Proposal by ‘Overwhelming Majority’
HSBC Defeats Asia Spin-Off Proposal by ‘Overwhelming Majority’

HSBC and its biggest investor Ping An were engaged in a public battle since last November, over a proposal to the bank to hive off its profitable Asia business to deliver better returns to shareholders

China Plans Rules to Regulate Data Flows From Smart Cars
Tesla Raises China Prices as EV Sales Tank in April
Taiwan Invasion ‘Could Wipe Off up to $1 Trillion Per Year’
Apple Bets on India’s Middle Class in Hunt for Future Markets
Hang Seng Rises, China Stocks Dip on Services Boost, AI Fears
China Orders Check on Auditors to Ensure Data Secrecy – FT
Asia Equities Boost as Foreign Inflows Hit Three-Month Peak

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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