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Latest: Asia Stock Market News

Asia Rocked by More Record Heat in May as Climate Woes Rise
Asia Rocked by More Record Heat in May as Climate Woes Rise

The latest heatwave to hit Asia has set more temperature records in cities across China and parts of Southeast Asia

Hang Seng Surges, Nikkei Advances on US Debt Breakthrough
Hang Seng Surges, Nikkei Advances on US Debt Breakthrough

The Washington deal which sees a default avoided boosted investor mood across the region, with tech shares leading the way in Hong Kong

Indonesia’s Mining, EV Battery Plans Get $9 Billion Boost
Indonesia’s Mining, EV Battery Plans Get $9 Billion Boost

The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on Sulawesi island

Nvidia Feels ‘Perfectly Safe’ Relying Heavily on Taiwan Chips
Foreigners Pulled $1.7 Billion Out of China Shares in May
Singapore Tech Giant Sea Pulls Plug on Investment Arm
US to Target Investment in China Chips, AI, Quantum Computing
Nikkei Gains on Bargain Buying, Hang Seng Dips on China Caution
China Venture Fundraising Set For Worst First Half in 8 Years
AI Poses Extinction Risk, as Bad as Nuclear War, AI CEOs Say

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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