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Latest: Asia Stock Market News

‘Unhinged’ Musk ‘Driving Away Potential Tesla Buyers’ – Reuters
‘Unhinged’ Musk ‘Driving Away Potential Tesla Buyers’ – Reuters

Consumer interest in Tesla has more than halved since November 2021, according to a new poll that found the carmaker’s reputation was strongly tied to that of its chief Musk

UN Urges Global Effort to Counter Waste Trafficking to Asia
UN Urges Global Effort to Counter Waste Trafficking to Asia

Southeast Asia remains a key destination for illicit waste shipped primarily from Europe, North America and other parts of Asia, according to a report launched on Tuesday by UN agencies

BYD’s EV Victory Over Tesla May Be Short-Lived As Sales Cool
BYD’s EV Victory Over Tesla May Be Short-Lived As Sales Cool

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged

Hang Seng Enjoys Tech Boost, Nikkei Flat Amid Profit-Taking
China’s Oil Giants Rush to Adapt as Buyers Shift to EVs
China Stocks Lead Asia Rally, Nikkei Drops Under Yen Pressure
TikTok Ban Would be Hypocrisy, Apple Co-founder Says – CNN
Job Cuts Loom at China’s SAIC, Plus JVs with GM, VW
PAG in 60% Buyout of Wanda Mall Unit in China for $8.3 Billion
US Releases Detailed Rules For Export Curbs on AI Chips to China

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

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