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Latest: Asia Stock Market News

China’s Country Garden Stocks Plunge on Foreign Debt Warning
China’s Country Garden Stocks Plunge on Foreign Debt Warning

Shares of China's largest private developer sank nearly 11% on Tuesday after it warned liquidity is very tight and it faces uncertainty on the sale of assets and restructuring of its debts

China Funds Seek Backers in Middle East as US Investors Retreat
China Funds Seek Backers in Middle East as US Investors Retreat

Seven China equity funds, including hedge funds and mutual funds, with more than $500 billion in combined assets, say they visited the Middle East this year to raise money, three for the first time

Economic Risks Mount for Asia as Israel Declares War on Hamas
Economic Risks Mount for Asia as Israel Declares War on Hamas

As trading started in Asia on Monday, investors were seen flocking to safe haven assets like gold, the dollar and US Treasuries, while equities and currencies across the region fell

China-US Ties Will Affect ‘Destiny of Mankind’, Xi Says – AFP
China Plans 50% Jump in Computing Power by 2025 Amid AI Rush
EU May Also Probe China Subsidies for Wind Turbines – FT
Hang Seng Gains But Israel, China Data Weigh; Nikkei Closed
China’s Private Real Estate Giants Teeter Near Collapse
Ex-Bank of China Chairman Expelled From Communist Party
Aussie Billionaire Could Block $4.3bn Takeover of Lithium Miner

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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