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Latest: Asia Stock Market News

Li Qiang to Attend G20, ASEAN Summits, Instead of Xi
Li Qiang to Attend G20, ASEAN Summits, Instead of Xi

No reason was given on why Xi will not attend these events, but India and many ASEAN nations are upset over claims Beijing continues to make about land on its borders or in the South China Sea

Hang Seng Hit by China Output Drop, Nikkei Lifted by Buy-Backs
Hang Seng Hit by China Output Drop, Nikkei Lifted by Buy-Backs

Factory activity in the world's No2 economy shrank again last month, weighing on investor sentiment across the region

Adani Family Partners ‘Used Opaque Funds to Buy Stocks’
Adani Family Partners ‘Used Opaque Funds to Buy Stocks’

A report by an investigative journalists network suggests business partners of the Adani family invested $430 million in the group's stocks via "opaque" Mauritius funds; group denies 'rehash' of claims, but shares fall

Country Garden Voices ‘Deep Remorse’ for $6.7bn First Half Loss
Chinese Banks Point to ‘Regional Risks’ Amid Low-Key Profits
Rumours of 5G Chip in New Huawei Phone Fuel China Chip Rally
China’s Move to Slow Down IPOs May Backfire on Frail Economy
Bargain Buyers Lift Nikkei, Hang Seng Flat on Global Worries
China Says Doors Will Open Wider, After Raimondo Bombshell
Wild Rally Makes VinFast World’s Third-Most Valuable Carmaker

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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