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Latest: Asia Stock Market News

Russia Gives China Access to Vladivostok After 163 Years – TC
Russia Gives China Access to Vladivostok After 163 Years – TC

The move is expected to boost manufacturing in the Chinese provinces of Heilongjiang and Jilin, as it will allow them to greatly reduce the distance they have to truck exports to a port

Xi Invites Central Asia to Board China’s ‘Fast Train’ of Development
Xi Invites Central Asia to Board China’s ‘Fast Train’ of Development

The show of solidarity from China's Central Asian neighbours contrasts sharply with the "negative" image of Beijing presented at the G7 gathering in Hiroshima

Nikkei Surges to 33-Year High, Tech Stocks Drag on Hang Seng
Nikkei Surges to 33-Year High, Tech Stocks Drag on Hang Seng

Japan’s benchmark was boosted by muscular domestic earnings and a weaker yen while Hong Kong’s main index struggled

Micron to Spend $3.7bn to Bring EUV Chipmaking Tech to Japan
China’s Hua Hong Edges Closer to Mega IPO As Chip War Heats Up
Global Warming Set to Break 1.5C Tipping Point by 2027
Nikkei, Hang Seng Lifted by Tech Boost, US Debt Talks Hopes
VinFast Expecting 7-Fold Bump in EV Sales With US Expansion
Weak Yuan Dents Asia Currencies, Indian Rupee at Six-Week Low
India to Close About 30 Coal Mines in Next Few Years – ToI

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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