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Latest: Asia Stock Market News

TikTok Seen as Chinese Influence Tool by Most in US, Poll Finds
TikTok Seen as Chinese Influence Tool by Most in US, Poll Finds

Many American adults support a forced sale or ban of TikTok, a new poll has found; a large number believe it is used by China to influence public opinion in the US, and for spying

Microsoft Ramps up Cloud, AI, Data Centre Investment in SE Asia
Microsoft Ramps up Cloud, AI, Data Centre Investment in SE Asia

CEO Satya Nadella meets heads of state to discuss and unveil projects in Indonesia and Thailand that will use its generative AI and cloud services. He heads to Malaysia on Thursday

Nikkei Slips as Edgy Investors Wait on Fed, Hang Seng Closed
Nikkei Slips as Edgy Investors Wait on Fed, Hang Seng Closed

All eyes were on the US Fed, as it concludes its two-day meeting, looking for clues on its interest rate plans

Jailed Crypto Boss Zhao to be Free by Sept With Over $33 Billion
China Eyes Smart EV Revolution With Tesla’s ‘Full Self-Driving’
Drone Maker DJI Next Likely Target of US China Hawks – NYT
Nikkei Enjoys Post-Holiday Boost, Hang Seng Edges Higher
China’s Factory, Services Activity Cools in April Amid Slowdown
Foreign Carmakers Seek Chinese EV Partners on AI, Smart Tech
Shares of China Property Developers Rally on Stimulus Hopes

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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