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Latest: Asia Stock Market News

Asian Stocks Rise to 27-Month High on US Rate Cut Hopes
Asian Stocks Rise to 27-Month High on US Rate Cut Hopes

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9% to its highest since April 2022, while the Nikkei was close to its peak, the Topix hit all-time highs, and the Hang Seng rose for a fourth straight day

Italian Officials Seize Chinese Drone Parts Bound For Libya
Italian Officials Seize Chinese Drone Parts Bound For Libya

Two military drones were found at a port disguised as wind turbine parts, Italian officials said; they were seized because of a UN embargo linked to Libya's civil war

China’s BYD Opens Its First EV Plant in Southeast Asia
China’s BYD Opens Its First EV Plant in Southeast Asia

BYD opened an electric vehicle factory in Rayong on Thailand's eastern seaboard on Thursday, as China's grip on the local car sector ramps up

India’s Surging Economy at Risk From Severe Water Shortages
EU Plans Duties On Cheap Goods From Temu, Shein, AliExpress: FT
Australia’s Corporate Watchdog Should be Split in Two: Report
Chinese Firms See Morocco as Path to US EV Credits – AP
China Far Ahead of the US in Generative AI Patents
Indonesia’s First EV Battery Plant Launched by Hyundai, LGES
China’s Services Confidence at 4-Year Low, Survey Shows

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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