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Latest: Asia Stock Market News

Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units
Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units

Wu now leads the overall group as well as its two most important business divisions – cloud and domestic e-commerce

Another 13 Chinese Companies Added to US ‘Unverified List’
Another 13 Chinese Companies Added to US ‘Unverified List’

Companies are put on the 'Unverified List' when US export control officers cannot complete on-site visits to find out if they can be trusted to receive US-origin technology and other goods

Toshiba Delists as New Owners Told to Eye ‘Deep Tech’ Future
Toshiba Delists as New Owners Told to Eye ‘Deep Tech’ Future

The Japanese maker of batteries, chips, and nuclear and defence equipment had been paralysed by protracted battles with overseas activist investors

Hyundai Motor to Sell Russian Plant at $219 Million Loss
Singapore Firm Taps AI to Cut Critical Mineral Mining Costs
Red Sea Attacks Disrupt Key Asia-Europe Sea Trade Route
Nikkei Rallies as BoJ Stands Firm, Tech Weighs on Hang Seng
China Set to Start Sea Trials of Deepwater Drilling Ship
China Banks Pushed to Sell Bad Loans as Consumer Defaults Soar
Nikkei Slips on BoJ Easing Bets, Tech Drags on Hang Seng

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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