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Latest: Asia Stock Market News

China Turns on World’s Biggest Solar Farm in Western Desert
China Turns on World’s Biggest Solar Farm in Western Desert

The 5-gigawatt (GW), 200,000-acre solar farm in Xinjiang came online on Monday, the Power Construction Corp of China said

China’s Property Debts Seen Weighing Down Economy for Years
China’s Property Debts Seen Weighing Down Economy for Years

China has suffered a big slowdown in home building, but analysts say the economy will be weighed down for years by huge debts because a major bailout is unlikely

Vietnam’s Massive Saigon Bank Bailout Rises to $24.5 Billion
Vietnam’s Massive Saigon Bank Bailout Rises to $24.5 Billion

The country's central bank has provided a huge sum to protect Saigon Joint Stock Commercial Bank after it was rocked by a record financial fraud

Toyota, Honda in the Net as Japan Safety Test Scandal Worsens
Putin Wants Chinese Banks to Help Military Parts Trade – FT
More US Law Firms Ditch Shanghai as Business Slumps – FT
Modi Work Reforms Aim to Make India a Global Manufacturing Hub
China’s New Home Prices Edge Up For Ninth Consecutive Month
India Market Watchers Eye Rally as Exit Polls Predict Modi Win
Japan Spent Record $62 Billion in Failed Effort to Prop Up Yen

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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