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Latest: Asia Stock Market News

All Eyes on Premier Li Qiang’s Work Report at China Congress
All Eyes on Premier Li Qiang’s Work Report at China Congress

Premier will outline key economic goals, but may also cast light on "new productive forces" - steps to promote strategic industries such as AI

Thailand Helps 900 Scam Victims Return From Myanmar to China
Thailand Helps 900 Scam Victims Return From Myanmar to China

Thai police helped transfer 900 Chinese nationals who were stuck in a notorious criminal enclave in eastern Myanmar get flights back to their homeland over the past few days

Risk of ‘Environmental Catastrophe’ from Ship Sunk in Red Sea
Risk of ‘Environmental Catastrophe’ from Ship Sunk in Red Sea

The sinking of the Rubymar on Saturday poses a major environmental threat to the Red Sea as it was carrying 21,000 tons of fertilizer. The ship could also be a subsurface risk to other vessels going through the sea

Google Facing Heat in India Over Removal of Play Store Apps
Politics, Protectionism Seen Spurring Biden’s China EVs Probe
China’s AI ‘Supermind’ to Track World’s Top Scientists – Newsweek
Soaraway Nikkei Hits Record High, Hang Seng Boosted by Tech
China’s Congress Seen Targeting Economic Stability, 5% Growth
China’s Shimao Group ‘Faces Liquidation Suit From Foreign Bank’
China’s BYD Confirms Mexico Factory Plan But Rules Out Exports

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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