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Latest: Asia Stock Market News

EU Probe Into AliExpress Over Online Compliance, Illegal Products
EU Probe Into AliExpress Over Online Compliance, Illegal Products

European officials are investigating social media platforms' compliance on illegal content amid concern on deepfake news and AI risks, and harmful products

China’s Quant Funds Change Tack Amid Regulatory Crackdown
China’s Quant Funds Change Tack Amid Regulatory Crackdown

China's computer-driven hedge funds have been forced to boost risk management and change practices to adhere to state demands for fair play

Nikkei, Hang Seng Range-Bound Ahead of Major US Data Releases
Nikkei, Hang Seng Range-Bound Ahead of Major US Data Releases

In Hong Kong, shares of biotech firm WuXi AppTec fell 12% on news that a US-based global trade association representing biotechnology companies sought to “separate” from it

Don’t Throw Coins at Planes, China Airline Warns – Insider
China’s Nio, CATL to Work on Batteries With Longer Lifespans
Trump Launched CIA Covert Influence Operation Against China
China Says US TikTok Bill an ‘Act of Bullying’ That Will Backfire
China Premier Li to Sidestep Meeting Global CEOs at Summit
Tesla Eyes Southeast Asia’s EV Boom But Faces China Challenge
US Ready to Ramp Up Investment in Chips, Thailand: Raimondo

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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