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Latest: Asia Stock Market News

Alibaba, Tencent Race to Build ChatGPT Rivals – Nikkei
Alibaba, Tencent Race to Build ChatGPT Rivals – Nikkei

Baidu also said earlier this week it will soon finish internal testing for a ChatGPT alternative called 'Ernie Bot'

Yen Shoots up as Ueda Nominated as New Bank of Japan Chief
Yen Shoots up as Ueda Nominated as New Bank of Japan Chief

Kazuo Ueda, a 71-year-old former BOJ board member, is the 'surprise' nominee to be Japan's next central bank governor. He is expected to spur a prompt change in BOJ interest rate policy

Tesla Starts Raising China EV Rates After Igniting Price War
Tesla Starts Raising China EV Rates After Igniting Price War

The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories

China to Set Up Blockchain Research Centre in Beijing – SCMP
Asia Stocks Retreat on US Inflation Fears But Nikkei Advances
India Finds Huge Lithium Deposits For First Time in Far North
US Weighs Sanctions on Chinese Entities Linked to Spy Balloon
SEBI Probing Adani Share Sale, MSCI Cuts Firms’ Index Weight
Investors Eye Better Returns as China Govt Bonds Lose Favour
Japan Carmakers Toyota, Nissan Post Surprise Bumper Profits

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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