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Latest: Asia Stock Market News

Nio Trials Stations to Swap EV Batteries in Under 5 Minutes
Nio Trials Stations to Swap EV Batteries in Under 5 Minutes

The Chinese electric vehicle maker is pushing to make battery swapping a viable alternative to rivals' rapid-charging technology

US, Japan Set to Sign Trade Deal on EV Battery Minerals
US, Japan Set to Sign Trade Deal on EV Battery Minerals

The deal aims to strengthen their battery supply chains, by reducing dependence on China, and help Japanese carmakers access to a new tax credit for electric vehicles in the US.

China Asks Deloitte to ‘Learn Lesson’ From $31m Audit Fine – FT
China Asks Deloitte to ‘Learn Lesson’ From $31m Audit Fine – FT

Beijing will also tighten scrutiny of domestic and foreign auditors — “including the Big Four” accounting firms — vice-minister of finance, Zhu Zhongming warned

Baidu Scraps Public Launch of ChatGPT-Rival Ernie Bot
Jack Ma Returns to China in Sign of Easing Tech Crackdown
Asia Shares Slip on Banking Fears But Weak Yen Boosts Nikkei
China’s Industrial Profits Plunge 23% on Weak Global Demand
China Says Still Committed to Building Healthy, Stable US Ties
Tim Cook Lauds China ‘Innovation’ at Key Business Summit
China’s CATL to Mass Produce Cheaper M3P Batteries This Year

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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