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Latest: Asia Stock Market News

ASML Has Sold One in Two Chipmaking Machines to China This Year
ASML Has Sold One in Two Chipmaking Machines to China This Year

Chinese chipmakers have escalated their purchases of ASML's machines used to make older generations of chips widely used in cars and smartphones

Nikkei Dips on Profit-Taking, Trump Worries Drag on China Stocks
Nikkei Dips on Profit-Taking, Trump Worries Drag on China Stocks

Worries about another Sino-US trade war if Trump returns to power had investors on edge across the region

40 China Banks Hit by Debt, Slowdown ‘Merged’ in 2024 – N’week
40 China Banks Hit by Debt, Slowdown ‘Merged’ in 2024 – N’week

Dozens of "high-risk" banks were taken over by bigger entities in the first six months of this year as small rural lenders succumbed to real estate debts and other woes

TSMC Shares Fall on Trump Remark ‘Taiwan Should Pay for Defence’
Key EV Software Must be Made in an Allied Nation: US Official
PwC Slashes Financial Audit Staff in China After Clients’ Mass Exit
World Bank Looking to Bolster Financial Links for Pacific Islands
Chinese Brokerage to Boost Investment Banking in Southeast Asia
Trump Tech War Fears Hit Hang Seng, Earnings Hopes Lift Nikkei
Melting Ice Caps Slows Earth’s Spin, Makes Days Longer – AFP

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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