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Latest: Asia Stock Market News


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In Manila, Raimondo Promises Chip Fabs and More Curbs on China
In Manila, Raimondo Promises Chip Fabs and More Curbs on China

While pledging billion-dollar investments in Manila, Raimondo said the US was constantly looking at ways to expand chip curbs against China and restrict its tech progress

TikTok Ban Would Help ‘Enemy of the People’ Facebook: Trump
TikTok Ban Would Help ‘Enemy of the People’ Facebook: Trump

Former US president looks to have softened his position on TikTok, saying a bill to force the Chinese tech giant to divest its US operations would boost Facebook, which he also dislikes

Hang Seng Rallies on Property Stimulus, Nikkei Slips Again
Hang Seng Rallies on Property Stimulus, Nikkei Slips Again

Hong Kong’s benchmark was the star performer on Tuesday as buyback bets and policy hopes lifted sentiment while the record-breaking Nikkei dipped

China Misses 2023 Emissions Targets, ‘Climate Credibility at Risk’
Shares of China’s Xiaomi Jump on News of its First EV Launch
Bitcoin Soars Past $72,000 as Inflow of Funds Gathers Pace
China Wants Youth to ‘Work in Factories’ as 12m Graduates Loom
China Will Favour Developers Who Help the Masses: Minister
Nikkei Slips on Yen Rally, Hang Seng Lifted by China Spending
Cranes at US Ports Pose No Security Risk: Shanghai Zhenhua

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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