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Latest: Asia Stock Market News

Smaller Profit Margins Help China’s BYD Steal Tesla’s EV Crown
Smaller Profit Margins Help China’s BYD Steal Tesla’s EV Crown

The Chinese EV-maker's bumper sales suggest car buyers are looking for cheaper models in a high-interest-rate economy

China Gaming Stocks Rise as Official Axed in Rules Turnaround
China Gaming Stocks Rise as Official Axed in Rules Turnaround

Tencent and Netease shares rose after China removed a senior regulatory official and a state media commentary called for officials to end their 'erratic' oversight of the platform sector

Hang Seng Follows Wall Street Tech Slump as Rate Hopes Fade
Hang Seng Follows Wall Street Tech Slump as Rate Hopes Fade

Investors are desperate for signals the US Fed is ready to backtrack on interest rates with technology stocks suffering the most

China’s Top Banks Reducing Exposure to Small Regional Lenders
Evergrande’s $500m EV Share Sale Deal With Dubai Firm Lapses
State-Owned Developers Led China’s Real Estate Market in 2023
New Battery Rules Cut Nissan, Tesla EVs From US Tax Credits
Hang Seng Continues Slide, China Markets Dip on Mixed Data
Asian Manufacturing Soft in December Amid Weak China Activity
China Tells Dutch ‘Be Impartial’ After Chip Giant’s Export Ban

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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