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Latest: Asia Stock Market News

AI to Spark Markets Crash in Next Decade: SEC Chair – Insider
AI to Spark Markets Crash in Next Decade: SEC Chair – Insider

Gary Gensler said it was 'nearly unavoidable’ that the next financial crash would be sparked by an AI model being used somewhere in the banking system

Nikkei, Hang Seng Lifted by Wall Street Earnings Boost
Nikkei, Hang Seng Lifted by Wall Street Earnings Boost

Investors were in a positive frame of mind thanks to strong economic signs from the US even as the situation in Gaza darkened

Country Garden’s $17bn Offshore Debt on Verge of Default
Country Garden’s $17bn Offshore Debt on Verge of Default

With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings

China Boosts Liquidity Support But Weak Yuan Fears Weigh
India Planning Early Warning Systems for Risky Glacial Lakes
Asia Central Banks’ $30bn Forex Fight to Fend Off Dollar
Ex-Bank of China Chairman Arrested Over Bribery, Illegal Loans
Taliban to Make Rare Appearance at China’s Belt and Road Forum
Nikkei Slides, Hang Seng Dips as Middle East Worries Weigh
Crypto Helped Fund Hamas’ Terror Attack on Israel – DW

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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