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Latest: Asia Stock Market News

Restructuring Firms Busy in Hong Kong Amid China Property Crisis
Restructuring Firms Busy in Hong Kong Amid China Property Crisis

Demand for debt restructuring professionals has seen a significant uptick since the beginning of 2023 and the trend is expected to continue this year

Chinese Firms Withdraw IPOs at Record Rate Amid Regulatory Ire
Chinese Firms Withdraw IPOs at Record Rate Amid Regulatory Ire

"A-share IPOs will enter an era where quality is more important than quantity," one Chinese brokerage said on increasing regulatory scrutiny

Congress Wants Musk to Explain Satellite Block in Taiwan – Forbes
Congress Wants Musk to Explain Satellite Block in Taiwan – Forbes

US lawmakers want Musk to appear on Capitol Hill next week to explain the lack of satellite internet access for the US military in and around Taiwan

Nikkei’s Record Run Continues, Hang Seng Dips on China Doubts
China Plan to Train 45,000 Firms in Hacker Protection Measures
China Upset at US Sanctions on Firms For Russia Dealings
China Warns Market Rule-Breakers: ‘We Will Punish You’
Nvidia Worth $2 Trillion as AI Fever Grips US, Asia Markets
India’s Push For Tariffs on Data Transfers Alarms Chip Giants
Nvidia Calls Huawei Top Rival Amid New AI Chips Push in China

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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