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Latest: Asia Stock Market News

BYD to Build $1.2 Billion EV Battery Plant in Zhengzhou
BYD to Build $1.2 Billion EV Battery Plant in Zhengzhou

The electric vehicle maker is aiming to build a facility to produce its Blade Battery, which it claims is safer than other alternatives in the market

US Rejects China’s Balloon Claim as Diplomats Consider Talks
US Rejects China’s Balloon Claim as Diplomats Consider Talks

US denies flying surveillance balloons over China, while sources said Secretary of State Blinken was considering meeting top Chinese diplomat Wang Yi at Munich Security Conference this week

India’s Adani Bids to Reassure Investors as Rout Continues
India’s Adani Bids to Reassure Investors as Rout Continues

Shares of Adani companies fell further on Tuesday, with total losses exceeding $120 billion, after a court hearing into the market rout began and claims their stock values are still 'astronomical'

Asian Shares Slip, Dollar up Ahead of US Inflation Data
All Eyes on India Market Regulator Amid Adani Share Sale Probe
China Claims US Flew High-Altitude Balloons Over its Airspace
Alibaba Sells Final Stake in India’s Paytm For $167 Million
China Tightens Banks’ Reporting Rules to Classify Risks Better
Alibaba, Tencent Race to Build ChatGPT Rivals – Nikkei
Yen Shoots up as Ueda Nominated as New Bank of Japan Chief

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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