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Latest: Asia Stock Market News

China Likely Sending Military Tech to Russia: US Intelligence
China Likely Sending Military Tech to Russia: US Intelligence

China has repeatedly denied sending military equipment to Russia since Moscow's all-out invasion of Ukraine in February 2022

BoJ Shock Move Drags on Nikkei, Stimulus Vows Lift Hang Seng
BoJ Shock Move Drags on Nikkei, Stimulus Vows Lift Hang Seng

The Bank of Japan surprised investors with a small but significant shift away from years of ultra-loose monetary policy

China Deflation Risks Deepen as Sharp Pay Cuts Hit Consumption
China Deflation Risks Deepen as Sharp Pay Cuts Hit Consumption

Frugality is becoming endemic in China as financial insecurity forces the country's white collar workforce to spend less and save more

South Koreans Claim Superconductor Breakthrough – Register
Hyundai, Honda Partner EV Rivals to Take on Tesla Supercharger
Volkswagen Buys $700 Million Xpeng Stake to Lift China EV Share
Nikkei Rallies on Fed Hopes; Property, Tech Lifts Hang Seng
‘Pop-up’ Traders Shipping Half Russia’s Oil to China and India
US And EU Investors Avoid China, Opting for Emerging Markets
Macron Warns of Chinese Naval Bases in the Pacific – ABC

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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