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Latest: Asia Stock Market News

Australia Gets Google to Lay Subsea Cables in Papua New Guinea
Australia Gets Google to Lay Subsea Cables in Papua New Guinea

Australia will fund $120m worth of subsea links from north and south PNG to Bougainville under its defence treaty with its Pacific allies

Political Instability Claims Another Thai PM; New Poll in Jan-Feb
Political Instability Claims Another Thai PM; New Poll in Jan-Feb

Thai PM Anutin Charnvirakul moved to dissolve parliament late on Thursday amid further parliamentary squabbling. He took the top office just over three months ago, but hopes an election in January or February will boost his chance of returning

ByteDance, Alibaba ‘Looking to Place Big Orders’ For Nvidia’s H200
ByteDance, Alibaba ‘Looking to Place Big Orders’ For Nvidia’s H200

Chinese regulators have reportedly held 'emergency meetings' with representatives from top tech companies and asked them to assess their demand for the H200 AI chip

Mexico Approves Big Tariff Hikes on Chinese, Other Asian Imports
IMF Tells China: Cut Exports, Lift Consumption, ‘Let Zombies Go’
Amazon, Microsoft Set to Spend Over $50 Billion on AI in India
Australia Begins Teen Social Media Ban, But is it Really the First?
China ‘Looks to Limit Sales’ of Nvidia’s H200 Hours After Trump Nod
US Fears China’s Genomics Giant BGI Could Surpass Huawei
China Hits $1 Trillion Trade Surplus As Exports Boom Beyond US

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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