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Latest: Asia Stock Market News

China Merged or Dissolved Over 160 Small Banks in 2024 – SCMP
China Merged or Dissolved Over 160 Small Banks in 2024 – SCMP

China's central bank has ramped up consolidation of small banks because of their weaker funding status and higher exposure to risk, in a bid to stabilize the financial system

China’s Population Declines For a Third Year in a Row
China’s Population Declines For a Third Year in a Row

China's birth rates have been falling for decades as a result of the one-child policy implemented from 1980 to 2015, as well as rapid urbanisation; rising costs make it expensive to raise children

China Vanke Shares Sink on News of CEO’s Arrest, State Takeover
China Vanke Shares Sink on News of CEO’s Arrest, State Takeover

The group may face a "make or break" moment, analysts said, depending on whether the government decides to bail it out or let it default on debt.

China Hits 5% Growth Goal Amid Public Scepticism, Complaints
Solar Power Deployed 100 Times Faster Than Nuclear – PV
China Emptying Dams as Cracks Found After Big Quake in Tibet
Toyota’s Hino Motors to Pay $1.6bn For US Diesel Emissions Fraud
Chinese Carmakers ‘Eyeing German VW Factories Set to Close’
TikTok Plans to Shut Down in US But Will Keep Paying Employees
Indian Anti-Monopoly Ruling May Limit WhatsApp Features: Meta

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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