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Latest: Asia Stock Market News

Japan Gives Toyota $841m to Drive Domestic EV Battery Output
Japan Gives Toyota $841m to Drive Domestic EV Battery Output

Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion to support their supply and development

Micron to Pour $602m in China to Show ‘Unwavering Commitment’
Micron to Pour $602m in China to Show ‘Unwavering Commitment’

The investment, in a chip packaging facility in the Chinese city of Xian, will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology

Nikkei Gains as BOJ Stands Firm, Hang Seng Rallies on Fed Bets
Nikkei Gains as BOJ Stands Firm, Hang Seng Rallies on Fed Bets

Central banks were the key drivers of investor sentiment with optimism high the US Fed will ease back on its rate hikes and China poised to offer more stimulus

Canadian AIIB Exec ‘Fled’ China After Quitting Over CCP Meddling
EV Boom Amps Up Costs, Environment Risk in China’s Lithium Hub
Nikkei Rally Ends, Hang Seng Surges on China Stimulus Bets
Trouble in Chinese Factories, Industrial Unrest at 7-Year High
Stifling China’s Progress ‘Disastrous’ For US: Yellen – NYT
TikTok Emerges as Preferred News Platform of Young Adults
Indian Red Tape Delays Over $2-Billion Drone Purchase From US

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Asia Financial Insights
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