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Latest: Asia Stock Market News

South Korean Crypto Fugitive Do Kwon Set for Extradition
South Korean Crypto Fugitive Do Kwon Set for Extradition

The Montenegrin justice minister will decide whether Kwon will go to South Korea or the US — where he faces eight charges, including securities and wire fraud

Nvidia’s Best New AI Chip for China ‘Delayed Until Next Year’
Nvidia’s Best New AI Chip for China ‘Delayed Until Next Year’

News of the delay follows analysts concerns around Nvidia’s plan to introduce three new chips for China, as developing new chips can be highly resource-intensive

Tech, Stimulus Wait Drags on Hang Seng, Weak Yen Lifts Nikkei
Tech, Stimulus Wait Drags on Hang Seng, Weak Yen Lifts Nikkei

Investors were short on cues on Friday, the day after holidays in the US and Japan, with many shying away from risk

Australia’s Clean Energy Plan Delays $10.6bn Origin Takeover Bid
China-Tied Fund Seeks to Axe Australia Rare Earths Firm’s Head
Seismic AI Discovery May Have Led to Altman’s OpenAI Firing
Global Subsidies For Oil, Gas and Coal Now Reach $7 Trillion: IMF
Hang Seng, China Stocks Gain on Rate Hopes, Stimulus Bets
The ‘Big Catch’ in Binance’s $4.3-Billion Plea Deal – Fortune
China Wealth Manager Zhongzhi Admits to $64 Billion in Liabilities

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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