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Latest: Asia Stock Market News

$55 Billion Crypto Gambling Case on Trial in China – Toutiao
$55 Billion Crypto Gambling Case on Trial in China – Toutiao

Police discovered the ring when one gambler sought help saying “please help me, I am gambling on my mobile phone and my family is going to be ruined”

India’s Tata to Build $5 Billion EV Battery Gigafactory in UK
India’s Tata to Build $5 Billion EV Battery Gigafactory in UK

This will be Tata’s first gigafactory outside of India and will have the capability to produce an initial output of 40 gigawatt hours

China’s Feuding Online Fashion Retailers: Temu vs Shein
China’s Feuding Online Fashion Retailers: Temu vs Shein

Temu said on Wednesday it has been the target of "unlawful exclusionary tactics" since its launch in the US, which forced it to take legal measures to defend its rights due to "attacks" from Shein

Investors Load Up Bullish Bets on China After Growth Setback
Nikkei Gains as BoJ Stands Firm, Hang Seng Dips on China Data
China Evergrande Restructure Doubts After $81bn Loss Revealed
India, UAE Agree to Ditch the Dollar, Settle Trade in Rupees
CITIC’s Hong Kong Bankers Face Shift to Mainland, Pay Cut
Chip Firms Meet US Officials on China as Lobby Warns On Curbs
Hang Seng Slumps on China Growth Worries, Tech Lifts Nikkei

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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