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Latest: Asia Stock Market News

Shipping Firms Chart Return to Red Sea Amid US Military Push
Shipping Firms Chart Return to Red Sea Amid US Military Push

Uncertainty in the Red Sea, after Yemen's Houthi militant group began targeting vessels this month, is threatening to worsen the global surge in inflation

Japanese Tanker Attacked Near India by Iranian Drone, US Says
Japanese Tanker Attacked Near India by Iranian Drone, US Says

The US Department of Defence said on Saturday the drone that attacked the Japanese-owned chemical tanker was launched from Iran.

Beijing Slams US Plan to Review China’s Supply of Legacy Chips
Beijing Slams US Plan to Review China’s Supply of Legacy Chips

Beijing has condemned a US plan to review procurement of mature-node chips from China, as it likely fears the move will create further upheaval in its volatile chip sector

China Identifies Disaster Relief Projects in $140bn Spending Plan
India Taps AI in Forecasts as Extreme Weather Weighs on Economy
China’s Yuan Leapfrogs Yen in Global Payments Rankings – FT
Tesla Gains $31m Shanghai Land For New Megapack Battery Plant
Hang Seng Dips on China Gaming Curbs, US Bets Lift Nikkei
China’s BYD Plans EV Production Base in Hungary
China’s Geely Says Ship Attacks Will Delay EV Arrivals in EU

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