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Latest: Asia Stock Market News

China’s Geely Says Ship Attacks Will Delay EV Arrivals in EU
China’s Geely Says Ship Attacks Will Delay EV Arrivals in EU

China exported some 1.63 million vehicles to Europe in the first 10 months of this year, but attacks on ships in the Red Sea mean it will now take longer for their EVs to reach EU ports

Tencent, Netease Shares Plunge After China Issues Gaming Rules
Tencent, Netease Shares Plunge After China Issues Gaming Rules

The new rules, which effectively set spending limits for online games, dealt a big blow to the world's biggest gaming market. Tencent shares tumbled 12.3%, while Netease plunged 24%

Japan Looking to Trim Budget for First Time in 12 Years
Japan Looking to Trim Budget for First Time in 12 Years

The move reflects the government's will to restore the tattered public finances and revive a lacklustre economy

Inflation Worries Mount as Exporters Hunt Ways Around Red Sea
China Curbs The Export of Rare Earths Processing Technology
Xi Warned Biden That China Would Reunify With Taiwan – NBC
Nikkei Follows Wall St Sell-Off, Tech Falls Leave Hang Seng Flat
US May Hike Tariffs on Chinese EVs, Other Goods – WSJ
China Holds Firm on Rates But Deflation Worries Weigh
‘Cheaper The Better’ Calls Harden China Deflation Battle

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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