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Latest: Asia Stock Market News

Nikkei Hits 33-Year High, While Hang Seng Continues Slide
Nikkei Hits 33-Year High, While Hang Seng Continues Slide

Asian markets were buoyant on Monday, lifted by news of a US deal to boost the government's debt ceiling, although stocks in Hong Kong dipped again

Xi is Bigger Threat Than Putin: Ex-Canadian PM – Globe+Mail
Xi is Bigger Threat Than Putin: Ex-Canadian PM – Globe+Mail

Former PM Stephen Harper has rated China's paramount leader as a greater long-term threat to democracies around the world than Russia's Vladimir Putin.

Indo-Pacific Nations, US to Set Up Supply Chain Crisis Hotline
Indo-Pacific Nations, US to Set Up Supply Chain Crisis Hotline

Supply chain negotiations are one of four "pillars" of the IPEF, which is Biden administration's main economic initiative in Asia and aims to provide the region an alternative to closer ties with China

US Says ‘Won’t Tolerate’ China’s ‘Coercive’ Micron Chip Ban
China Industrial Profits Continue to Fall, Tank 18% in April
China Says it Will Strengthen Chip Ties With South Korea
Hyundai, LG Eye $4.3bn US Battery Plant in EV Tax Credit Push
VinFast Recalls First Batch of EVs in US Over Dashboard Risk
Patriotic Buyers Pump China Stocks Hit by US, Japan Sanctions
US, China Ministers Hold ‘Candid’ Talks on Trade Concerns

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AF Market Insights

Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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