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Latest: Asia Stock Market News

Spending on Global Energy Transition Well Under What’s Needed
Spending on Global Energy Transition Well Under What’s Needed

The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion

Alibaba Releases New AI Model, Says It’s Better Than DeepSeek
Alibaba Releases New AI Model, Says It’s Better Than DeepSeek

"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit claimed on Wednesday

Curbing Chinese Access to US AI Models May be Hard: Analysts
Curbing Chinese Access to US AI Models May be Hard: Analysts

US executives say limiting the 'distillation' process from open-source models, in which one AI system learns from another, may be difficult to stop

TikTok to Invest $3.8 Billion in Data Centre in Thailand
Taipei to Consider Trump Threat of Big Tariffs on ‘Foreign Chips’
DeepSeek Breakthrough or Theft? US Probes ‘AI Data Breach’
China Building Huge Laser Fusion Research Facility, Analysts Say
India And China Agree to Resume Direct Flights After Five Years
Tech Selloff Extends to Japan as DeepSeek Puts Focus on AI Costs
China’s Small Oil Refiners Shutting Down as Fuel Tax Cut

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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