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Latest: Asia Stock Market News

China Sets Interim Rules for Generative AI Accessible to Public
China Sets Interim Rules for Generative AI Accessible to Public

Regulators say the measures will not apply to firms who don't intend to offer their generative AI services to the Chinese public to encourage development of the technology

China’s Qingdao Seen Bailing Out Local Govt Funding Unit
China’s Qingdao Seen Bailing Out Local Govt Funding Unit

The city has set up a company to bail out its cash-strapped local government funding vehicles, sources say, after Xi ordered local officials to curb hidden debt

US Says China’s State Hackers Breached Government Emails
US Says China’s State Hackers Breached Government Emails

China's embassy in London said the accusation was "disinformation" and called the US government "the world's biggest hacking empire and global cyber thief"

US-Made ‘Chiplet’ Tech Emerges as Core China Chip Strategy
Beijing’s Crackdown Wiped $1.1 Trillion Off Chinese Big Tech
Hang Seng Lifted by China Data, Tech; Yen Drags on Nikkei
Reserve Bank of India Ramps up Testing of its Digital Rupee
China Property Stocks Rally on Rescue Package Extension
Thai Baht Rises as Dollar Falls And Vote for New PM Nears
Foxconn Says ‘Committed To India’ After Quitting Vedanta JV

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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