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Latest: Asia Stock Market News

Reports of Violent Protests by North Korean Workers in China
Reports of Violent Protests by North Korean Workers in China

Thousands of North Korean workers staged violent protests in Jilin last month, angry over years of unpaid wages and lingering pandemic lockdowns that prevent them from returning home, researchers say

China’s Electric Vehicle Sales Fell 37% in January from December
China’s Electric Vehicle Sales Fell 37% in January from December

China's passenger vehicle sales also sank by 14% in a slow start for 2024, while in Japan Honda and Toyota both upgraded their earnings

China Vows to Help EV Makers Expand Overseas, Fight Sanctions
China Vows to Help EV Makers Expand Overseas, Fight Sanctions

Beijing has laid out wide-ranging guidelines for various departments and the central bank to help the new-energy-vehicle trade

China Appoints New Securities Regulator as Markets Flounder
Tesla is S&P 500’s Worst Performing Stock of 2024 – Quartz
Shanghai to Allow Faster Offshore Data Transfers for Foreign Firms
China Tech Drags on Hang Seng, Nikkei Dips Despite Auto Boost
China’s Cheap Solar Panels Killing Europe’s Solar Manufacturers
China Voices Concern Over US Chip Curbs, Cloud Moves, Tariffs
Investors Exiting China Flock to India Despite Overheating Risk

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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