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Latest: Asia Stock Market News

China Manufacturing Slips Further in May, as Recovery Falters
China Manufacturing Slips Further in May, as Recovery Falters

The manufacturing purchasing managers' index fell to a five-month low of 48.8, the Statistics Bureau said on Wednesday, while service sector activity was the slowest in four months

Singapore Ousts Hong Kong as APAC’s Costliest City for a Home
Singapore Ousts Hong Kong as APAC’s Costliest City for a Home

A heavy influx of immigrants and a trend among young professionals to move out of multi-generational family homes were key drivers behind Singapore's sharp rise in rents and home prices

Elon Musk Reaches China, Meets Foreign Minister Qin Gang
Elon Musk Reaches China, Meets Foreign Minister Qin Gang

The trip is Musk's first to China since he made headlines in early 2020 by dancing on stage at Tesla's Shanghai gigafactory

Nikkei, Hang Seng Advance on US Debt Deal Hopes, Japan AI
China’s Small Investors Avoiding Stocks After 20% Slump
Australia May Axe PwC Audit Contract After Tax Scandal
US Funds Pull $6 Billion From China ADRs as Tensions Rise
Malaysia Holds China Ship Accused of Looting WW2 Warships
SoftBank Shares Soar as Arm Rolls Out New Smartphone Chip Tech
China Plans to Land its First Taikonauts on the Moon by 2030

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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