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Latest: Asia Stock Market News

China Sees Deflationary Pressure, Weak Consumer Inflation
China Sees Deflationary Pressure, Weak Consumer Inflation

Consumer inflation eased unexpectedly last month, while producer price deflation deepened, amid soft demand and weak economic activity

China Pushing For a Bigger Say on Prices of Global Metals
China Pushing For a Bigger Say on Prices of Global Metals

Officials are trying to get foreign firms to trade on Shanghai's futures exchange, which has said it plans to expand soon into international metals storage

ASEAN Seeks End to Myanmar War, Swift Deal on S China Sea
ASEAN Seeks End to Myanmar War, Swift Deal on S China Sea

Leaders of the 10 ASEAN states discussed the two crises with regional diplomats at their annual summits, but there is doubt their latest efforts will make much headway

Indonesia Moves to Block China’s Temu to Protect Small Merchants
Trade Tensions With China ‘Hindering Carmakers’ Investments’
China Stocks Slip as Stimulus Boost Fades, Retailing Lifts Nikkei
EU Warns ‘China Must Adapt’ to Resolve Trade Disputes
Suspended Death Term For China’s Ex-Central Bank Deputy Head
BP Dumps Oil Pledge While Chasing Billions in Climate Subsidies
AI Data Centres Using Much More Water Than Expected

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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