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Latest: Asia Stock Market News

Turmoil at OpenAI After Board Coup, Altman Heads to Microsoft
Turmoil at OpenAI After Board Coup, Altman Heads to Microsoft

Dozens of OpenAI staffers have reportedly announced internally that they are quitting the company, and many of them have taken to X to say the firm is "nothing without its people"

Workers in Cambodia Made Ill by ‘Toxic’ Fast Fashion Waste
Workers in Cambodia Made Ill by ‘Toxic’ Fast Fashion Waste

New report says waste from garment makers is having severe health impacts on workers at Cambodian brick kilns, where the clothing materials are used as fuel

Nikkei U-Turn After Early Surge, Hang Seng Enjoys Tech Boost
Nikkei U-Turn After Early Surge, Hang Seng Enjoys Tech Boost

Investor confidence remains brittle across the region with Tokyo hitting a 33-year peak before crumbling and falling into the red

Japan to Drop Quarterly Reports for Listed Businesses – Nikkei
China’s Xi Scores Standing Ovations, Sanctions Relief on US Trip
Samsung Boss Faces Call for Five-Year Jail Term for Fraud
Shock Reversal on Cloud Unit Wipes $20bn Off Alibaba Shares
Tech Fears Spark Hang Seng Slide, Earnings Boost Nikkei
Chinese Yuan Passes Euro to be the Second Top Trade Currency
Probe Into US Chip Equipment Maker’s Gear Sent to China’s SMIC

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Asia Financial Insights
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