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Latest: Asia Stock Market News

China Swipes at ‘Hysterical’ US Over ‘Spy Balloon’ Response
China Swipes at ‘Hysterical’ US Over ‘Spy Balloon’ Response

"To have dispatched an advanced fighter jet to shoot down a balloon with a missile, such behaviour is unbelievable," China's top diplomat said at a global security conference

Foxconn Spends $62.5 Million on New Vietnam Site – SCMP
Foxconn Spends $62.5 Million on New Vietnam Site – SCMP

The world’s largest manufacturer of electronic parts has recently ramped up efforts to diversify production outside of China

Biden ’Not Looking For a Cold War’ With China, Will Talk to Xi
Biden ’Not Looking For a Cold War’ With China, Will Talk to Xi

"I hope we are going to get to the bottom of this, but I make no apologies for taking down that balloon," the US president said

Stocks Down All Across Asia, Dollar Near Six-Week Highs
SoftBank’s Chip Tech Firm Arm China Sees 90% Drop in Profit
Top China Dealmaker Bao Fan Disappears, Bank Stock Plunges
TSMC Dumped by Several Funds Other Than Buffett’s Berkshire
Asian Markets Rise on Hopes of Avoiding Global Hard Landing
China Sanctions Lockheed Martin, Raytheon Again Over Taiwan
China Expecting Record Rise in Solar Power Capacity This Year

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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