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Latest: Asia Stock Market News

South Korea Asks US to Review China Curbs in Chips Act Funding
South Korea Asks US to Review China Curbs in Chips Act Funding

South Korea's Samsung and SK Hynix, the world's top two makers of memory chips, have invested billions of dollars in chip factories in China

Russian PM Signs Economic Deals in Beijing as Ties Warm
Russian PM Signs Economic Deals in Beijing as Ties Warm

Ties between Russia and China have reached an "unprecedented high", Russian Prime Minister Mikhail Mishustin said during his trip to Beijing on Wednesday

Nikkei Dips, Hang Seng Slips on Fears Over US Debt Stand-Off
Nikkei Dips, Hang Seng Slips on Fears Over US Debt Stand-Off

Japan’s benchmark saw a second successive drop after reaching 33-year highs last week while Hong Kong’s main index tracked the global sell-off too

S&P Cuts SoftBank Rating Deeper Into Junk Over Alibaba Sale
China’s Micron Ban Adds to Asian Chipmakers’ Investment Woes
US to Support Australia’s Critical Minerals Industry, PM Says
Risk Warnings as China Money Floods Into Japan-Focused Funds
China’s TikTok Sues Montana Over Statewide Ban
China Set to Install 100 GW of Solar Power This Year – PV Mag
Nikkei Snaps Winning Streak, Hang Seng Slips on China Outlook

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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