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Latest: Asia Stock Market News

A Deflationary Spiral Looms Over China as Overcapacity Bites
A Deflationary Spiral Looms Over China as Overcapacity Bites

Excess capacity and a lack of domestic demand threaten to create a vicious cycle within China’s economy where lower employment and wages could lead to a further fall in private consumption

Hang Seng Dips as Property, Tech Drag; Yen Weighs on Nikkei
Hang Seng Dips as Property, Tech Drag; Yen Weighs on Nikkei

The outlook for the US and Chinese economies saw investors ditch equities, sending bourses across the region intro retreat

Fugitive Ex-Mayor Alice Guo Flown Back to The Philippines
Fugitive Ex-Mayor Alice Guo Flown Back to The Philippines

Guo, who is accused of links to online casinos that were a front for scam centres and human trafficking syndicates, was deported from Jakarta on Friday

Chinese Solar Giants’ Profits and Revenue Plunge in First Half
Nikkei Dips on US Jobs Worries, Typhoon Yagi Closes Hang Seng
China Starts Merging State Brokerages, to Create $226bn Giant
Big Bucks and Salted Ducks: How US Official Became ‘China Spy’
US Push to Curb China Chip Tech Economically Motivated: ASML CEO
Consumer Confidence in China Drops to Near Historic Lows
UK Study Found AI Models’ Responses Collapsed Into Nonsense

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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