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Latest: Asia Stock Market News

Chinese Firms Seek Malaysian Help to Avoid US Tariffs: FT
Chinese Firms Seek Malaysian Help to Avoid US Tariffs: FT

Chinese companies have asked top Malaysian officials to lobby against the US imposing tariffs on products made or assembled in Malaysia

China’s Shein Files For Potential London IPO as US Plans Stall
China’s Shein Files For Potential London IPO as US Plans Stall

The path to a London listing may not be smooth for Shein, with British lawmakers protesting against its possible IPO

Deepfake of Asia’s Richest Man Used in India Stock Market Scam
Deepfake of Asia’s Richest Man Used in India Stock Market Scam

India is seeing a sharp surge in incidences of cyber scams, with authorities recording a whopping average of 7,000 cybercrime complaints per day last month

HK Court Gives China’s Kaisa 7 Weeks to Finalize Debt Plan
AI Could up Profits But Also Disrupt Banking: Citi Report – M’place
Broadcom Designing an AI Chip For China’s ByteDance: Sources
Deadly Blaze at South Korean Battery Plant Highlights Fire Risks
EU And China Agree to Negotiations on EV Tariffs, Minister Says
China EV-Makers Eat Into Japan, Korea’s Markets in SE Asia
Hundreds Die in Extreme Heat at Haj, Millions Swelter Across Asia

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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