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Latest: Asia Stock Market News

Global Warming Set to Break 1.5C Tipping Point by 2027
Global Warming Set to Break 1.5C Tipping Point by 2027

Global temperatures are likely to be 1.5°C above pre-industrial levels at least once over the next five years, the WMO says, and an El Niño weather pattern looks likely to occur late this year

Nikkei, Hang Seng Lifted by Tech Boost, US Debt Talks Hopes
Nikkei, Hang Seng Lifted by Tech Boost, US Debt Talks Hopes

Investors were in upbeat mood as plans for huge tech investments in Japan were unveiled and China traders snapped up AI stocks

VinFast Expecting 7-Fold Bump in EV Sales With US Expansion
VinFast Expecting 7-Fold Bump in EV Sales With US Expansion

VinFast could hit break even as soon as the end of 2024, the company's founder Pham Nhat Vuong told investors

Weak Yuan Dents Asia Currencies, Indian Rupee at Six-Week Low
India to Close About 30 Coal Mines in Next Few Years – ToI
Hang Seng Slips on China Forecast, Nikkei Boosted by Weak Yen
Online Brokers’ Shares Fall on News They Will Cut China Apps
Buffett Sells Entire TSMC Stake Over Taiwan Invasion Concerns
Asian Funds Backing China Education Again, US AI-Tech Giants
Japan’s Topix Hits 33-Year Peak on Tech Boost, Hang Seng Flat

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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