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Latest: Asia Stock Market News

Hong Kong Shuts Down After Heaviest Rain on Record
Hong Kong Shuts Down After Heaviest Rain on Record

Authorities in the financial hub shut schools, the stock exchange and told workers to stay at home after over 200mm of torrential rain brought by the second typhoon in a week

China Rare Earth Prices Soar on Myanmar Mine Closures
China Rare Earth Prices Soar on Myanmar Mine Closures

Myanmar, one the world’s leading producers of rare earths metals, has suspended mining for inspections, sending prices to 16-month highs

Key US Lawmaker Wants End to Chip Exports to Huawei, SMIC
Key US Lawmaker Wants End to Chip Exports to Huawei, SMIC

Republican chair of influential House panel calls for harsher curbs after the discovery of new chips in Huawei phones "that may violate trade restrictions"

Top China Auto Chipmaker Racks Up $2.7 Billion in State Funding
Australia-China Trade Improves, Albanese to Visit Beijing Soon
Nikkei Snaps 8-Day Streak; Property, Tech Drags on Hang Seng
Tesla Sues China Chip Designer for ‘Stealing Tech Secrets’
Property Surge Limits Hang Seng Losses, Weak Yen Lifts Nikkei
Huawei’s Chip Breakthrough ‘May Spur Tougher US Tech Curbs’
Solomons MPs Seek Probe into Shipment of ‘Real’ Chinese Guns

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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