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Latest: Asia Stock Market News

China’s Yuan Topples Dollar as Most Traded Moscow Currency
China’s Yuan Topples Dollar as Most Traded Moscow Currency

Yuan trading accounted for more than 40% of all foreign currency changing hands on the Moscow Exchange in 2023, triple the year before

Red Sea Attacks Pose Billions Worth of Risks for China, India
Red Sea Attacks Pose Billions Worth of Risks for China, India

Attacks by Iran-backed Houthis have doubled the cost of exports from India and cast a shadow over China's commercial interests and major investments along the Suez Canal

China’s Economic Slowdown Deters Dreams of Marriage, Children
China’s Economic Slowdown Deters Dreams of Marriage, Children

The economic slowdown and uncertainty over jobs has led to many young Chinese opting to stay single and give up on dreams of having children

Nikkei Snaps Winning Streak, Tech Leads Hang Seng Slump
Country Garden Warns of ‘Severe’ Tests in China Property Market
China, Switzerland Back Deeper Economic Ties Amid Slowdown
Japanese Firms Gloomy on China’s 2024 Economic Prospects
Nikkei’s Charge Continues; Tech, China Weigh on Hang Seng
China’s Military, AI Bodies Still Buying Nvidia Chips Despite US Ban
China Big Tech Hacks Back Investment, Expansion Plans – SCMP

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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