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Latest: Asia Stock Market News

SpaceX’s Talks With Vietnam Over Starlink Internet Hit a Snag
SpaceX’s Talks With Vietnam Over Starlink Internet Hit a Snag

Hanoi looks to have denied SpaceX's request for an easing of rules on foreign ownership of telecom firms with network infrastructure

Nikkei Cools on Profit-Locking, Flat Tech Drags on Hang Seng
Nikkei Cools on Profit-Locking, Flat Tech Drags on Hang Seng

Tokyo’s record run looks to have abated as foreign sellers exited while Hong Kong slipped despite shares advancing on the mainland

Major Investment Shifts in Asia, as China Hedge Funds Plunge
Major Investment Shifts in Asia, as China Hedge Funds Plunge

Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan, pan-Asia funds and other strategies

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
Country Garden Liquidation Petition Clouds Huge Debt Revamp
Bitcoin Hits $57k, Posts Two-Year High as Big Players Wade In
China-Wary Investors ‘Icing on Cake’ For Japan’s Nikkei
Tougher Penalties in China for Firms Understating Emissions

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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