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Latest: Asia Stock Market News

China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo
China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo

Despite the groundbreaking development, the International Energy Agency warned on China’s dominance of car battery supply chains

China’s Shaky Recovery: Fiscal Revenue Down 2.7% This Year
China’s Shaky Recovery: Fiscal Revenue Down 2.7% This Year

Fiscal spending in April was up 6.1%, compared with a 2.9% fall in March, according to calculations based on Finance ministry data

Nikkei Gains on Rate Bets, Property Boosts Lift Hang Seng
Nikkei Gains on Rate Bets, Property Boosts Lift Hang Seng

Beijing’s policy splurge to help its struggling property sector improved the mood on trading floors while cooling US inflation also encouraged risk-taking

China Bans US Firms, Starts Dumping Probe as Trade Rows Flare
China Seen Freezing Lending Rate, Cutting Mortgage Benchmark
China Business Capital Okays Foreign Data Exports Sought By Tesla
Musk May Build China Data Centre for Tesla Self Driving System
Nikkei Dips on Fading Rate Hopes, Hang Seng Gains on Policy Bets
Putin and Xi Condemn the US, Push for Ukraine Settlement
US to Target Chinese Connected Cars Over National Security

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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