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Latest: Asia Stock Market News

China’s Boom and Bust Real Estate Giant Won’t be Missed
China’s Boom and Bust Real Estate Giant Won’t be Missed

The collapse of China Evergrande, with debts of more than $300 billion, will progress further on Monday when the group will be delisted from the Hong Kong Stock Exchange

AI Bubble Popped by MIT Report Noting Dismal Business Impacts
AI Bubble Popped by MIT Report Noting Dismal Business Impacts

Six-month study in the US finds that 95% of generative AI projects aimed at lifting businesses' revenue growth have fallen flat

China Court Says Firms Must Pay Worker Pension; Job Crisis Fear
China Court Says Firms Must Pay Worker Pension; Job Crisis Fear

Top court's ruling likely to hit small firms hardest and some are already axing staff. Analysts say it will limit workers' capacity to do deals on getting more pay.

China Keen to Begin Mining in Afghanistan This Year, Taliban Says
White House Opens TikTok Account Amid Push For US Takeover
China Lays Down Law to Solar Panel Makers: End Overproduction
India To Get China Rare Earths As Trump Tariffs Bring Rivals Close
Extreme Sudden Rainfall Kills Hundreds in Pakistan and India
Tax Reforms Boost Indian Markets Even As US ‘Calls Off’ Trade Talks
Altman Agrees the AI Market is a ‘Bubble’ That Could Soon Burst

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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