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Latest: Asia Stock Market News

VinFast Expecting 7-Fold Bump in EV Sales With US Expansion
VinFast Expecting 7-Fold Bump in EV Sales With US Expansion

VinFast could hit break even as soon as the end of 2024, the company's founder Pham Nhat Vuong told investors

Weak Yuan Dents Asia Currencies, Indian Rupee at Six-Week Low
Weak Yuan Dents Asia Currencies, Indian Rupee at Six-Week Low

The Chinese currency was flailing after poor data showed its economy’s recovery is running out of steam, dragging other currencies down with it

India to Close About 30 Coal Mines in Next Few Years – ToI
India to Close About 30 Coal Mines in Next Few Years – ToI

About 30 coal mines will close in India over the next three to four years "to pave way for forests and water bodies", a top official said, but that may be only a quarter of the country's mines

Hang Seng Slips on China Forecast, Nikkei Boosted by Weak Yen
Online Brokers’ Shares Fall on News They Will Cut China Apps
Buffett Sells Entire TSMC Stake Over Taiwan Invasion Concerns
Asian Funds Backing China Education Again, US AI-Tech Giants
Japan’s Topix Hits 33-Year Peak on Tech Boost, Hang Seng Flat
Chinese Firms Swap Auditors to Avoid Delisting in US – Nikkei
North Korea Hackers Stole Crypto Worth $721 Million From Japan

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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