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Latest: Asia Stock Market News

China’s Xi Pitches BRI For AI Governance, Green Development
China’s Xi Pitches BRI For AI Governance, Green Development

Analysts say BRI’s shift from investment intensive projects like dams to high-tech ones comes amid Xi's push to export Chinese ideas about governance

Country Garden Seen Defaulting on Its Offshore Debt
Country Garden Seen Defaulting on Its Offshore Debt

Country's biggest private developer seems to have missed a payment deadline, which would put the group in default on $17 billion in offshore debt

Hang Seng Dips Despite China Growth Boost, Nikkei Flat
Hang Seng Dips Despite China Growth Boost, Nikkei Flat

Tensions in the Middle East cast a long shadow over the region’s trading floors even as China reported better-than-expected growth figures

China Asks Banks to Roll Over $13tn Local Debt at Lower Rates
Row Over Paying Yuan for Russian Crude Delays Indian Oil Deals
AI to Spark Markets Crash in Next Decade: SEC Chair – Insider
Nikkei, Hang Seng Lifted by Wall Street Earnings Boost
Country Garden’s $17bn Offshore Debt on Verge of Default
China Boosts Liquidity Support But Weak Yuan Fears Weigh
India Planning Early Warning Systems for Risky Glacial Lakes

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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