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Latest: Asia Stock Market News

Generative AI Seen Having Big Impacts on Environment – Nature
Generative AI Seen Having Big Impacts on Environment – Nature

Revelations about the amount of power and water needed for computers that power artificial intelligence have led to concern about AI's environmental impacts

Russians Named as West Smashes Lockbit Ransomware Gang
Russians Named as West Smashes Lockbit Ransomware Gang

US indictment seeks the arrest of two Russian cyber criminals after Britain's National Crime Agency infiltrated the gang's systems, stole their data, and took down Lockbit's site on the dark web

Nikkei Dips on Tech Worries, Hang Seng Enjoys Stimulus Boost
Nikkei Dips on Tech Worries, Hang Seng Enjoys Stimulus Boost

Looming results from chip giant Nvidia preoccupied traders across the region while China’s markets rode a policy boost wave

China Banks Approve $17bn For Housing as Policy Debate Rages
Bitcoin Comeback Sees Market Worth $1 Trillion Again
Fake Chinese Accounts Flourish on X, Analysis Shows – WaPo
Hang Seng Lifted by Rate Cut, Nikkei Dips on Tech Worries
China’s Financial Watchdogs Vow to Maintain Strict Supervision
China Chops Mortgage Benchmark Rate to Boost Property Market
Foreign Direct Investment in China Falls 80% to Three-Decade Low

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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