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Latest: Asia Stock Market News

South Korea Eyes Huge Incentives for Chip Investments at Home
South Korea Eyes Huge Incentives for Chip Investments at Home

A dominant player in the global chip industry, the country hopes the incentives would help it cement the security of its supply-chain security while boosting the economy

India’s Service Sector Growth Rate Hits a Six-Month High
India’s Service Sector Growth Rate Hits a Six-Month High

The S&P Global India services purchasing managers' index (PMI) signalled 17 months of straight growth for India's service sector - the longest sustained period since 2013

Foxconn to Use Nvidia Chips for Driverless Cars, EVs
Foxconn to Use Nvidia Chips for Driverless Cars, EVs

Nvidia said its technology, which includes chips to process information from sensors in real time, will help Foxconn overcome challenges in ramping up automobile production

Foxconn’s Covid-Hit China iPhone Plant Close to Full Recovery
World Bank Push For More Funds, Ways to Fight Climate Change
Tesla Makes China Chief Highest-Profile Executive After Musk
Asia Stocks Rally on China Recovery Hopes Despite Covid Surge
Sale of China Evergrande’s Hong Kong Head Office Fails Again
Sovereign Wealth Funds’ Historic Drop Despite Asia Mega-Deals
Asia Stocks Rally But Forecast Gloomy After Brutal Year

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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