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Latest: Asia Stock Market News

US Law Firm Dechert May Shut Offices in Hong Kong, Beijing
US Law Firm Dechert May Shut Offices in Hong Kong, Beijing

The news comes amid a prolonged capital market downturn in both the former British colony and on the mainland, plus growing Sino-US tensions

China Stops Releasing Data Showing Lower Solar Power Utilisation
China Stops Releasing Data Showing Lower Solar Power Utilisation

Break-neck expansion in China’s renewable energy capacity has led to more power generation than the country’s grids can handle — something recent data affirmed

Chinese Military Scandal Seen Delaying Conflict in Taiwan, SC Sea
Chinese Military Scandal Seen Delaying Conflict in Taiwan, SC Sea

A huge graft scandal, which has caused a big purge of officers in the PLA, is likely to set back conflict in Taiwan or the South China Sea, analysts say

China’s New Rare Earth Rules Seek Product Traceability Details
Toyota to Launch EV With Tesla-Like Driving System in China
‘Four of Five Huawei AI Chips Defective’ as US Sanctions Bite
Jakarta to Review Data Centres’ Lax Oversight After Cyberattack
US Lawsuit Says Temu Shopping App Has ‘Hidden Spyware’ – AT
US Planning ‘Aggressive’ Rules on Data Security for Chinese EVs
Indonesian Airports, Data Centres Hit By Worst Cyberattack in Years

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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