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Latest: Asia Stock Market News

China Battery Firms Pump $4.4bn Into Korea for US EV Credits
China Battery Firms Pump $4.4bn Into Korea for US EV Credits

The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply chain for electric vehicles

Nikkei Gains on Fed Hopes, China Stimulus Boosts Hang Seng
Nikkei Gains on Fed Hopes, China Stimulus Boosts Hang Seng

Investors were in upbeat mood with signs the world’s No1 economy is close to winning its inflation fight while the No2 economy saw more vows of support

Ant IPO Unlikely in the Short Term, Chinese State Media Says
Ant IPO Unlikely in the Short Term, Chinese State Media Says

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020

Korea Superconductor Papers Published ‘Without Consent’ – Yonhap
VinFast Set For August US Listing Through $23 Billion Merger
AMD to Build Massive $400 Million Chip Design Centre in India
Stagnant Demand, China Woes Temper Waning Chip Glut Cheer
China Likely Sending Military Tech to Russia: US Intelligence
BoJ Shock Move Drags on Nikkei, Stimulus Vows Lift Hang Seng
China Deflation Risks Deepen as Sharp Pay Cuts Hit Consumption

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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