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Latest: Asia Stock Market News

At Least 30 Dead After Huge Downpour in Beijing’s ‘Rain Trap’
At Least 30 Dead After Huge Downpour in Beijing’s ‘Rain Trap’

Mountains north and west of the Chinese capital "trapped" moist air, spurring a year's worth of rain in recent days; 80,000 people had to be evacuated

Hong Kong May Issue Stablecoin Licences in 2026, HKMA Says
Hong Kong May Issue Stablecoin Licences in 2026, HKMA Says

City's stablecoin bill is set to take effect on Friday. And the first handful of licences for stablecoin issuers could be granted early next year

Chinese AI Firms, Chipmakers Form Alliance To Ditch Foreign Tech
Chinese AI Firms, Chipmakers Form Alliance To Ditch Foreign Tech

Chinese developers of large language models and artificial intelligence chip manufacturers including US-sanctioned Huawei, Biren, and Moore Threads will join hands to build an AI 'ecosystem'

Thailand, Cambodia Agree to Ceasefire After 5 Days of Clashes
EU Strikes a Pricey Deal With Trump to Avert a Trade War
US, China Set For Talks in Stockholm on Tariff Truce Extension
Australian Court Ends Coal Mine Approval After ICJ Climate Ruling
CK Hutchison Ports Deal Deeply Entangled in US-China Trade War
UN Court Lays Ground For Action Against Countries’ Climate Inaction
China’s Actions on Ukraine Will Determine Relations, EU Warns

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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