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Latest: Asia Stock Market News

China’s Xi Admits Mixed Feelings on CATL’s EV Battery Success
China’s Xi Admits Mixed Feelings on CATL’s EV Battery Success

Xi was quoted as saying he was "both happy and worried" – glad about its lead position in the global battery market but fearful given intense rivalry with the West and risks over its high profile

SoftBank’s Arm Hoping to Raise $8 Billion From Mega US IPO
SoftBank’s Arm Hoping to Raise $8 Billion From Mega US IPO

SoftBank has reportedly picked Goldman Sachs, JPMorgan Chase, Barclays and Mizuho Financial Group to lead the US listing.

Chinese Firms Holding Dollars as Hedge if Yuan Loses Value
Chinese Firms Holding Dollars as Hedge if Yuan Loses Value

The yuan has been weakened by concerns that US interest rates might rise further and geopolitical tensions, which are keeping investment flows away from China

Asia Stocks Lifted by Fed Easing Hopes But China Growth Weighs
China to Raise Defence Spending Faster Than Growth Forecast
Billionaire Investor Mobius ‘Can’t Get His Money Out of China’
AI Stocks Jump on Upbeat C3.ai Forecast, ChatGPT Boom
Chip Executives Replace Pony Ma, Jack Ma at Key China Meet
SoftBank to List Arm in New York, Despite British Appeals
Apple Supplier Foxconn Speeds up India Expansion in China Shift

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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