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Latest: Asia Stock Market News

Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip
Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip

Huawei has sent out samples of its new Ascend 910C to top Chinese server companies, but issues continue to persist with the chip's predecessor

Nikkei Sinks, But China Stocks See Their Biggest Day Since 2008
Nikkei Sinks, But China Stocks See Their Biggest Day Since 2008

Mainland China stocks enjoyed their biggest single-day gains since 2008, with property stocks soaring after mortgage cuts were announced by the PBOC; meanwhile, the Nikkei plunged on news of Japan's new PM

Chinese Banks Will be Told to Cut Mortgages by End-Oct: PBOC
Chinese Banks Will be Told to Cut Mortgages by End-Oct: PBOC

China's central bank says local banks should reduce rates on existing mortgages by no less than 30 basis points below the Loan Prime Rate.

China’s Bid to Lift Household Consumption ‘Will Take Years’
Altman Looks to Calm Nerves on OpenAI Shake-Up Amid Fundraising
Former Defence Minister Shigeru Ishiba to be Japan’s Next PM
China’s Top Cities Set to Lift All Curbs on Homebuyers
Hang Seng Rallies on Beijing Boosts, Nikkei Lifted by Soft Yen
Chinese Industrial Firms Hit by Plunge in Profits in August
Big Tech’s Hunger For AI Power Unsettling ESG Investors

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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