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Latest: Asia Stock Market News

GE Set to Make Fighter Jet Engines for Indian Air Force
GE Set to Make Fighter Jet Engines for Indian Air Force

The US aviation and energy giant signed a memorandum of understanding with HAL, which includes the potential joint production of GE Aerospace's F414 engines in India

Pakistan in China Nuke Plant Deal, Talks to UAE on Port Sale
Pakistan in China Nuke Plant Deal, Talks to UAE on Port Sale

Pakistan and China signed a $4.8bn deal to build a 1,200 MW nuclear power plant, while the debt-laden state is in talks with the UAE for control of Karachi port in exchange for emergency funds

Musk at Odds With Ambani in Plan to Bring Starlink to India
Musk at Odds With Ambani in Plan to Bring Starlink to India

Two of the world’s richest men are locked in a battle over the Indian government's distribution of satellite broadband spectrum in a bid to tackle costs and competition

Nikkei Slips on Tech Dip, Sydney, Mumbai Slide on Fed Fears
Musk Meets Modi, Keen to Bring Tesla, Starlink to India Soon
Nikkei Rises, But the Hang Seng and Most Asian Markets Fall
Biden Calls China’s Xi a Dictator, Beijing Slams ‘Provocation’
Blinken Lauded After Discussing Taiwan, Russia in China Talks
Hang Seng Drops But Nikkei Recovers After China Rate Blow
Yuan Falls to 7-Month Low as China Cuts Prime Lending Rates

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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