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Latest: Asia Stock Market News

China’s Electric Vehicle Sales See Slow Start to The Year
China’s Electric Vehicle Sales See Slow Start to The Year

The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating carmaker BYD

Evergrande Hires Legal Teams as China’s Property Crisis Deepens
Evergrande Hires Legal Teams as China’s Property Crisis Deepens

The liquidation of Evergrande is expected to take over a decade, and with many other developers in default, analysts expect the crisis to weigh on growth for a long time

TikTok, US Lawmakers in War of Words as Bill to Ban App Gets Fuel
TikTok, US Lawmakers in War of Words as Bill to Ban App Gets Fuel

TikTok and US representatives took shots at each other over everything from whether a new bill calls for a ban on the app to whether the ByteDance-backed firm should call on its users to push back against it

China Ramping up Its Transition to Clean Energy, Grid Storage
Hang Seng Boosted by Tech, Profit-Taking Caps Nikkei Gains
EU Says China EVs Funded by Subsidies, Plans Retroactive Tariffs
US Sanctions Based on Wrong View of China, Says Foreign Minister
Cost of Carbon Capture by 2050 May be Double Estimates – IME
Nikkei Dips on Upbeat Yen, Hang Seng Slips on Stimulus Doubts
BOJ Views on Inflation, Pay Rises Put Spotlight on Rates Shift

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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