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Latest: Asia Stock Market News

China Set to Start Sea Trials of Deepwater Drilling Ship
China Set to Start Sea Trials of Deepwater Drilling Ship

The Meng Xiang's activities in the South China Sea and other areas will be closely followed, because of grave concerns about the environmental impacts of deepsea mining and what resource the vessel will target

China Banks Pushed to Sell Bad Loans as Consumer Defaults Soar
China Banks Pushed to Sell Bad Loans as Consumer Defaults Soar

Chinese banks have sold nearly $6 billion of bond-like securities based on NPLs this year, while $8.4bn of bad loans were sold on the credit-assets market in the first three quarters

Nikkei Slips on BoJ Easing Bets, Tech Drags on Hang Seng
Nikkei Slips on BoJ Easing Bets, Tech Drags on Hang Seng

Speculation that the Bank of Japan might finally pull back from its uber-easy policy saw many investors keeping their powder dry on Monday

Chinese Chip Designers Hiring Malaysian Firms to Assemble GPUs
China Tightens Rules for Non-Bank Payment Firms Like Alipay
China’s Nio to Launch Affordable EV brand Firefly in Europe
Nissan to Export China-Made EVs in R&D Deal With Top University
India Shares See Longest Weekly Winning Streak Since 2018
Nasdaq-Listed China Shadow Bank Down 60% on Property Crisis Hit
Bankers Bet on Better China Sentiment Amid Asia IPO Slowdown

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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