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Latest: Asia Stock Market News

Foreign Investment in ASEAN Tops China For First Time in Decade
Foreign Investment in ASEAN Tops China For First Time in Decade

Southeast Asia attracted more foreign investment than China in 2023 for the first time in a decade as investors sought to create 'China+1' supply chains and benefits under the RCEP trade deal

China’s BYD to Help ‘Accelerate’ Uber’s Green Transition
China’s BYD to Help ‘Accelerate’ Uber’s Green Transition

BYD vehicles' affordability, lower costs of maintenance and 'superior battery performance' make them the right fit for its platform, Uber said

Rush for Thailand’s $14-Billion Handout Scheme Hit by Glitches
Rush for Thailand’s $14-Billion Handout Scheme Hit by Glitches

Over 10 million Thais apply to join contentious 'digital wallet' scheme, causing the public registration system to overload on Thursday

Nikkei Slumps as Yen Surges, Hang Seng Dips on Factories Blow
Hedge Funds Boost Japan Allocations, China Stocks at 5-Year Low
China’s BYD Planning to Enter Canadian EV Market
China’s Private Capital Fundraising Hits Record Low in Q2 – SCMP
Hundreds of Sellers Protest in China Over Temu’s Penalty Policy
China Factory Activity Slips to a Five-Month Low, Survey Shows
Nikkei Rallies on BoJ Rate Twist, Policy Bets Lift Hang Seng

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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