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Latest: Asia Stock Market News

Hong Kong Poised to Green-Light First Spot Bitcoin ETFs
Hong Kong Poised to Green-Light First Spot Bitcoin ETFs

Hong Kong authorities are desperate to improve the city's financial attractiveness after its image suffered because of Beijing’s pandemic restrictions

Note of Support from Founder Jack Ma Lifts Alibaba Shares 5%
Note of Support from Founder Jack Ma Lifts Alibaba Shares 5%

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making, so Alibaba is more agile and customer-focused

Hang Seng Rallies Despite China Downgrade, Nikkei Slips
Hang Seng Rallies Despite China Downgrade, Nikkei Slips

Fitch’s revision of its China growth forecast sparked a minor domestic slide but was mostly absorbed without much fuss elsewhere in Asia

Fitch Cuts China Outlook to Negative, Citing Debt, Growth Risks
Fears Rising on Impacts From Unrestrained AI Projects
Singapore Tightens Money Laundering Rules After $2.2bn Scandal
Nikkei Gains on Tech, Weak Yen; Hang Seng Lifted by Data Bets
Top US Republican Senator Backs Forced Sale of TikTok
China Property Firm Shimao to Fight $202m Liquidation Suit
TSMC Wins Billions in US Aid After Deal on 3rd New Arizona Fab

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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