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Latest: Asia Stock Market News

China’s Congress Seen Targeting Economic Stability, 5% Growth
China’s Congress Seen Targeting Economic Stability, 5% Growth

Policy advisers expect the National People's Congress next week will focus on near-term support for the country's sputtering economy, rather than bold policy reforms

China’s Shimao Group ‘Faces Liquidation Suit From Foreign Bank’
China’s Shimao Group ‘Faces Liquidation Suit From Foreign Bank’

Deutsche Bank is preparing to file a liquidation suit against Shimao in a Hong Kong court this month - a rare move by a foreign firm that stems from disappointment over the builder's debt rejig plan

China’s BYD Confirms Mexico Factory Plan But Rules Out Exports
China’s BYD Confirms Mexico Factory Plan But Rules Out Exports

Reports of BYD’s plans to expand production in Mexico spurred speculation that the EV giant was looking for a way into the US car market

Biden Orders Probe Into Data Security Risks From Chinese EVs
SpaceX’s Talks With Vietnam Over Starlink Internet Hit a Snag
Nikkei Cools on Profit-Locking, Flat Tech Drags on Hang Seng
Major Investment Shifts in Asia, as China Hedge Funds Plunge
China Premier Li Urges US to U-Turn on Decoupling Push
US Startup, Singapore to Build an Ocean Carbon Removal Plant
Nikkei Dips Amid Overheating Fears, Property Drags on Hang Seng

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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