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Latest: Asia Stock Market News

Hedge Funds Build Holdings in Underpriced Chinese Equities
Hedge Funds Build Holdings in Underpriced Chinese Equities

Investors eye underpriced stocks in the world's no-2 economy, which have been rallying since February as Beijing ramped up moves to address economic challenges

G7 Ministers Seek Agreement on Russian Assets, Chinese Exports
G7 Ministers Seek Agreement on Russian Assets, Chinese Exports

G7 officials have been discussing how to exploit $300 billion worth of Russian assets which were frozen after Moscow invaded Ukraine, plus ways to manage waves of cheap Chinese exports

Vietnam Asks Foxconn, Others to Cut Power Use to Avert Blackouts
Vietnam Asks Foxconn, Others to Cut Power Use to Avert Blackouts

Widespread blackouts amid a heatwave last year hit several manufacturers in north Vietnam and resulted in estimated $1.4 billion worth of losses

Alibaba, Baidu Slash Price of Language Models Used With AI Bots
US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen
Hang Seng Dips as Tech Weighs, Nikkei Drops on Rate Uncertainty
Aussie Who Said he Invented Bitcoin Lied on ‘Grand Scale’: Judge
Crypto Venture Capital Funding Topped $2.4bn For Q1
Apple Offers Big iPhone Discounts in China Amid Sales Slump
China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo

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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