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Latest: Asia Stock Market News

Hungary’s Orban in China for Talks on ‘Ukraine Peace Mission’
Hungary’s Orban in China for Talks on ‘Ukraine Peace Mission’

Orban arrives for talks with Xi Jinping. He is believed to be negotiating a potential peace deal to end the war in Ukraine, as well as holding trade deals

Firms Look to Shift Taiwanese Staff Out of China After Threat
Firms Look to Shift Taiwanese Staff Out of China After Threat

Foreign firms in Taiwan have been assessing risks to employee safety after China's threat to execute Taiwanese 'diehards' who passionately embrace its independence

China Sees Energy Storage Boom, Battle to Ease Grid Bottlenecks
China Sees Energy Storage Boom, Battle to Ease Grid Bottlenecks

Experts say pricing reforms and better tech are needed for a storage sector whose rapid growth has been plagued by low utilisation and losses for operators

China’s Central Bank Moves to Cool Bonds Market Trading
India ‘Asks Utilities to Order $33bn in Gear to Lift Coal Output’
Asian Stocks Rise to 27-Month High on US Rate Cut Hopes
Italian Officials Seize Chinese Drone Parts Bound For Libya
China’s BYD Opens Its First EV Plant in Southeast Asia
India’s Surging Economy at Risk From Severe Water Shortages
EU Plans Duties On Cheap Goods From Temu, Shein, AliExpress: FT

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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