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Latest: Asia Stock Market News

Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants
Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants

Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction

Beijing Tight-Lipped on Blinken’s Plan to Visit China This Month
Beijing Tight-Lipped on Blinken’s Plan to Visit China This Month

The trip is intended by Washington to be a major step toward what President Joe Biden has called a "thaw" in relations between the world's two largest economies

Nikkei Dips, Hang Seng Steady as Rate Hike Fears Dominate
Nikkei Dips, Hang Seng Steady as Rate Hike Fears Dominate

Japan’s benchmark fell its most in three months, trimming a blistering 15% surge over that period, while China stocks help steady

Japan Likely To Stick With Negative Rates For a Year: Nomura
Citigroup Vows to Expand China Business Amid De-Risking Trend
Foreign CEOs in China Keep ‘Heads Down’ to Manage Tricky Ties
Big May Inflows to Taiwan, Korean Stocks on AI Chip Demand
Nikkei Sell-Off Ends Rally, Hang Seng Lifted by Stimulus Hopes
Japan to Spend $107bn to Boost Hydrogen Fuel Use – AP
Nikkei Extends Record Run, Hang Seng Dips on China Recovery

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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