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Latest: Asia Stock Market News

Huawei’s Smart Car Tech Gives Foreign Brands A Way Into China
Huawei’s Smart Car Tech Gives Foreign Brands A Way Into China

It's taken Huawei just four years to become a force in smart car technology even as US sanctions since 2019 hammered its businesses

NATO Warns China: Good Ties at Risk, if You Keep Backing Russia
NATO Warns China: Good Ties at Risk, if You Keep Backing Russia

Western military chief said Beijing's help was vital to Moscow's war in Ukraine, as it props up Russia's war economy by sharing high-end tech such as chips

If Legal Fight Fails, ByteDance ‘Would Prefer to Shut TikTok in US’
If Legal Fight Fails, ByteDance ‘Would Prefer to Shut TikTok in US’

Bytedance would rather shut the app if it runs out of options to fight a forced sale of TikTok's US operations, group sources say, claiming its algorithm is too valuable

Hang Seng Gains on Tech Earnings, Nikkei Up as BoJ Stands Firm
Blinken Meets Xi, Warns on China’s Support for Russian War
China Unveils Brain Chip Similar to Elon Musk’s Neuralink
TikTok Vows ‘We Will Fight’ After Biden Signs Sale Order
ASML Will Not Service Some China Equipment, Outgoing CEO Hints
Nikkei Slides as US Tech Drags, Hang Seng Lifted by Market Bets
TikTok Plans Legal Battle as US Senate Passes Divest-or-Ban Bill

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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