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Latest: Asia Stock Market News

Carmakers Focus on Cost-Cutting to Rival Cheap Chinese EVs
Carmakers Focus on Cost-Cutting to Rival Cheap Chinese EVs

Every facet of electric vehicles and EV batteries is being assessed by carmakers around the world keen to produce EVs that can compete with China's cheap EV models

Tencent Pouring Resources Into Big Budget Console Games
Tencent Pouring Resources Into Big Budget Console Games

The Chinese tech giant unveils Last Sentinel, a game that is seen as the mobile gaming giant's most ambitious foray into the console market

China-Russia Trade Worth $218bn as Moscow Leans More on Beijing
China-Russia Trade Worth $218bn as Moscow Leans More on Beijing

For November alone, bilateral trade between the two nations rose to $21.5 billion, the highest since February 2022 when the Ukraine war began

Second Shadow Bank Rocked by China’s Property Crisis
Moody’s Told China Staff to Stay Home Ahead of Rating Cut – FT
China Slams Plan to Cut it From US EV-Battery Supply Chain
Nikkei Slides as Rates Fears Weigh, Tech Weighs on Hang Seng
EU Leaders Meet Xi in Beijing Amid Concern on Trade Imbalance
China’s Push to Reform Historic Residency Rules Hits Hurdles
December Highs Take India’s Market Cap to Record $4.2 Trillion

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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