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Latest: Asia Stock Market News

Asian Funds Backing China Education Again, US AI-Tech Giants
Asian Funds Backing China Education Again, US AI-Tech Giants

Hedge funds in Asia have been investing in China's top private education groups and US tech giants working on artificial intelligence, regulatory filings from the first quarter reveal

Japan’s Topix Hits 33-Year Peak on Tech Boost, Hang Seng Flat
Japan’s Topix Hits 33-Year Peak on Tech Boost, Hang Seng Flat

Tokyo’s benchmark Nikkei also hit its highest close in 18 months with investors drawn in by Japan’s strong economic outlook

Chinese Firms Swap Auditors to Avoid Delisting in US – Nikkei
Chinese Firms Swap Auditors to Avoid Delisting in US – Nikkei

Some 24 Chinese firms have changed auditors since 2022, according to an analysis of filings by Nikkei, which said many did that to avoid being delisted from US exchanges

North Korea Hackers Stole Crypto Worth $721 Million From Japan
India Regulator Warns Against Hasty End to Adani Group Probe
Eyeing Top Dollar, China Consulting Firms Tested Beijing’s Limits
Nikkei, Hang Seng Rise on Hope for US Debt Ceiling Talks
Apple Eyes First Vietnam Online Store in Emerging Markets Push
Vietnamese EV-maker VinFast Announces US SPAC Listing
Data of 2 Million Japan Users Was Public For a Decade: Toyota

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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