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Latest: Asia Stock Market News

TikTok Deal Includes New, Old Investors, Oracle Data Role – CNBC
TikTok Deal Includes New, Old Investors, Oracle Data Role – CNBC

The takeover of app's operations in the US will take 30 to 45 days, but Oracle will retain its role managing the collection of TikTok's data and software updates, CNBC has said

Nvidia’s Latest AI Chip For China Finds Few Takers
Nvidia’s Latest AI Chip For China Finds Few Takers

The RTX6000D is being seen as expensive for what it does, especially as its performance lags compared to better Nvidia chips available in China's grey markets

China Aiming to Double Battery Storage, Holds First Solar Auction
China Aiming to Double Battery Storage, Holds First Solar Auction

Chinese officials have unveiled a plan to double the country's storage capacity for 'new energy' to 180 gigawatts (GW) by 2027.

US Keen to Control More Ports, Cut China’s ‘Maritime Advantage’
US Pharma Lobbying Trump Against Severe Anti-China Curbs — NYT
China Targets US Chip Sector With Probes Into Nvidia, ‘Dumping’
China Agrees to Deal on TikTok With US Trade Officials in Spain
China’s PBOC May Not Follow a US Rate Cut, Despite Slowdown
China May be Hit by Malaysia’s Move to Slow Data Centre Growth
US Says Hidden Radios Found in Solar Highway Tech From China

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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