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Latest: Asia Stock Market News

Meta to Buy Chinese-Founded AI Startup Seen as ‘Next DeepSeek’
Meta to Buy Chinese-Founded AI Startup Seen as ‘Next DeepSeek’

The Facebook parent said that the startup, Manus, will cut ties with China after it has been acquired

China Now Requires Chipmakers to Use At Least 50% Local Equipment
China Now Requires Chipmakers to Use At Least 50% Local Equipment

The new policy is already generating greater technology breakthroughs and higher revenues for Chinese chip equipment suppliers

China Looks to Tackle Addiction, Self-Harm From AI Emulating Humans
China Looks to Tackle Addiction, Self-Harm From AI Emulating Humans

If the the draft rules are imposed, they would be the first-of-their-kind regulations around AI chatbots from any country in the world

Swarm of Cambodian Drones Could Kill Ceasefire With Thailand
US Delays Fresh Chip Tariffs Against China to Keep The Peace
Seoul Accuses Ex-Samsung Staff of Leaking DRAM Tech to China
Cosco Demand ‘May Kill $23bn BlackRock Bid for Hutchison Ports’
Korean Court Rejects Bid to Block Korea Zinc Deal For US Smelter
China Demands ‘Fairness’ as US Bans New Drones From DJI, Others
Japan Set to Test Mining of ‘Rare Earth Mud’ From Deep Seabed

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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