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Latest: Asia Stock Market News

Tim Cook Lauds China ‘Innovation’ at Key Business Summit
Tim Cook Lauds China ‘Innovation’ at Key Business Summit

The Apple CEO is in Beijing to attend the China Development Forum, a government-organised event being held in full force again as the country emerges from its zero-Covid regime

China’s CATL to Mass Produce Cheaper M3P Batteries This Year
China’s CATL to Mass Produce Cheaper M3P Batteries This Year

The batteries will have greater energy density and perform better than lithium-ion phosphate batteries, the company's chairman said

Beijing Slams US for TikTok CEO’s ‘Hostile’ Congress Hearing
Beijing Slams US for TikTok CEO’s ‘Hostile’ Congress Hearing

While TikTok is not available in China, Chew's hearing was closely watched in the country, with many expressing sympathy for the short video app's chief

Asia Stocks Slip as Banking Fears Resurface, TikTok Row Weighs
Huawei Beats US Sanctions With Chip Tool Breakthrough
Vietnam’s VinFast Finally Rolls Out VF9 Electric SUV
No Cheer for Evergrande’s Long-Awaited Dollar Debt Revamp Plan
Asia Shares Mixed as Fed Dashes and Boosts Hopes on Rate Rises
South Korea Says New US Rules Won’t Shut Its China Chip Plants
India Approves $968 Million Investment From Foxconn Unit

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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