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Latest: Asia Stock Market News

Baidu Shares Jump 14% as Users Test ChatGPT-Like Ernie Bot
Baidu Shares Jump 14% as Users Test ChatGPT-Like Ernie Bot

"Ernie Bot is not a tool of confrontation between China and the United States," said Baidu CEO Robin Li.

India Using SWIFT Payment System For Dollar Trade With Russia
India Using SWIFT Payment System For Dollar Trade With Russia

Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine

US Sanctions on China to Hit Dominance of Chips: TSMC Founder
US Sanctions on China to Hit Dominance of Chips: TSMC Founder

"There's no question in my mind that, in the chip sector, globalisation is dead," TSMC’s retired founder Morris Chang said

Asia Stocks Rattled by Credit Suisse Woes, Banking Crisis Fears
US Regulators Set For Fresh Audit Inspections of Chinese Firms
TikTok Facing US Ban if Chinese Owners Don’t Sell Stakes
China to Target High-Risk Institutions, Reduce System Threats
Beijing Regulator Delays CATL’s $5 Billion Swiss GDR Listing
Foxconn Warns on Consumer Electronics Demand, Profit Dips 10%
Samsung to Pump $230 Billion Into ‘World’s Largest Chip Base’

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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