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Latest: Asia Stock Market News

Nikkei, Hang Seng Surge Amid Global Rally on Rate Cut Optimism
Nikkei, Hang Seng Surge Amid Global Rally on Rate Cut Optimism

"A more dovish Fed means the likelihood of recession in 2024 has fallen considerably," one market analyst said

BYD Set to Test Autonomous Driving on High-Speed Roads
BYD Set to Test Autonomous Driving on High-Speed Roads

Earlier this month, BMW Group said it had received a test license for L3 self-driving on high-speed roads in Shanghai

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

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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