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Latest: Asia Stock Market News

Shanghai to Allow Faster Offshore Data Transfers for Foreign Firms
Shanghai to Allow Faster Offshore Data Transfers for Foreign Firms

The Shanghai government is looking to speed up approvals for foreign firms that want to relay local data to head offices in other countries

China Tech Drags on Hang Seng, Nikkei Dips Despite Auto Boost
China Tech Drags on Hang Seng, Nikkei Dips Despite Auto Boost

Chinese investors were still in buoyant mood after Beijing’s policy boosts but longer term uncertainty also cast a shadow

China’s Cheap Solar Panels Killing Europe’s Solar Manufacturers
China’s Cheap Solar Panels Killing Europe’s Solar Manufacturers

Officials rush to respond to flood of cheap Chinese imports generated by years of subsidies, but the EU appears split on whether to impose trade barriers

China Voices Concern Over US Chip Curbs, Cloud Moves, Tariffs
Investors Exiting China Flock to India Despite Overheating Risk
Huawei, SMIC Set to Defy US Sanctions With 5nm Chips: FT
Death Penalty For Corrupt Former China Banks Boss – CD
US Treasury Team Flies to China to Discuss Subsidies, Policies
China, Hong Kong Stocks Surge on Policy Boosts; Nikkei Slips
Brokers in China Seen Restricting Cross-Border Stock Trades

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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