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Latest: Asia Stock Market News

US Lends $553m to Adani Colombo Port JV Amid China Rivalry
US Lends $553m to Adani Colombo Port JV Amid China Rivalry

The financing pledge came on the same day as China’s CHEC announced plans to invest $1.56 billion in a port city project near Colombo

China Property Woes Drag on Hang Seng, Nikkei Lifted by Tech
China Property Woes Drag on Hang Seng, Nikkei Lifted by Tech

China’s real estate giants’ struggles to find a solution to their debt issues continue to cast a shadow over the world No2 economy’s recovery prospects

China to ‘Dominate’ Global Solar Supply Chain For Next Decade
China to ‘Dominate’ Global Solar Supply Chain For Next Decade

The world’s second-largest economy will account for more than 80% of the global solar manufacturing capacity through to 2026, according to a new report

Optus Internet Outage Causes Chaos for Millions in Australia
Hang Seng, Nikkei Dip as Fed Chiefs Dash Rate Easing Hopes
Ping An Shares Fall on Claim China Sought Country Garden Buyout
China ‘World’s Largest Official Debt Collector’: US Report
China to Scrutinise Rare Earth Outflows as Exports Rise
Tech Site Founder Detained in China Over Vulgar Content
Nikkei, Hang Seng Slide on Fading Rate Hopes, China Data

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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