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Latest: Asia Stock Market News

JD.com Wins $140m Anti-Monopoly Case Against Alibaba
JD.com Wins $140m Anti-Monopoly Case Against Alibaba

Beijing court rules that Alibaba's e-commerce practice known as 'choosing one from two' was an monopolistic abuse that caused JD.com severe damage, its rival said on Friday

China is Using AI to Ramp up Espionage, US Says – WSJ
China is Using AI to Ramp up Espionage, US Says – WSJ

US agencies suspect China is using artificial intelligence sift through an "enormous trove" of hacked personal data on American officials and other citizens to target specific individuals

Nikkei Caps Best Year in a Decade, Hang Seng Decline Continues
Nikkei Caps Best Year in a Decade, Hang Seng Decline Continues

Japan’s benchmark index was 28% ahead for the year while China’s markets were the world’s worst major performers

Nvidia Launches Modified Gaming Chip For Chinese Market
China’s Xiaomi Unveils Fast-Charging EV to Rival Tesla, Porsche
Toyota Shuts Daihatsu Factories After Safety Tests Scandal – CNN
Cargo Rates Soar as Firms Assess Bid to Protect Red Sea Ships
Hang Seng Surges on Fed Bets, Sell-Off Sparks Nikkei Slide
Nikkei, Hang Seng Surge Amid Global Rally on Rate Cut Optimism
BYD Set to Test Autonomous Driving on High-Speed Roads

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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