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Latest: Asia Stock Market News

Chinese Economy Headed to a Dead-End: Scholar – NYT
Chinese Economy Headed to a Dead-End: Scholar – NYT

Excessive Communist Party control and undelivered promises of reform have left China's economy in a dead-end of weak domestic consumer demand and slowing growth, a foreign expert says

AI Hitting Job Markets Like a ‘Tsunami’, Says IMF Chief
AI Hitting Job Markets Like a ‘Tsunami’, Says IMF Chief

"We have very little time to get people ready for it, businesses ready for it," IMF Managing Director Kristalina Georgieva said

Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips
Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips

New measures will affect $18 billion in Chinese imports such as steel and aluminium, 'legacy' chips, batteries, critical minerals, solar cells, cranes and syringes

Nikkei Gains on US Inflation Hopes, Tariffs Weigh on Hang Seng
US Orders Chinese Crypto Firm to Sell Land Near Missile Base
Double or Quadruple, Biden Tariffs Won’t Really Hurt China
US And China Set to Discuss AI Risks at Geneva Meeting
China’s ICBC to Sell $4bn of Total-Loss-Absorbing-Capacity Bonds
Nikkei Dips On Earnings Caution, Hang Seng Gains on Policy Bets
ANZ Bank Facing Probe over Issuance of Treasury Bonds

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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