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Latest: Asia Stock Market News

China Bans Top Nomura Investment Banker From Exiting Mainland
China Bans Top Nomura Investment Banker From Exiting Mainland

The ban is reportedly connected to Beijing’s investigation into top tech dealmaker Bao Fan, whose disappearance early this year shook the business community in China.

Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears
Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears

The world's most indebted property developer said a regulatory probe into its main domestic subsidiary, Hengda, had halted the debt restructure

Taliban Sounds Out China’s Huawei on Mass Surveillance Plan
Taliban Sounds Out China’s Huawei on Mass Surveillance Plan

Afghan regime has consulted with Chinese telecom giant Huawei about potential cooperation on reconfiguring a mass surveillance network initially planned by the West

Property, Tech Drag on Hang Seng; Bargain-Buying Boosts Nikkei
China’s AI Startups Facing a Shakeout as Costs Surge
China Issues Gallium, Germanium Licences as Exports Sink
Tesla Seen Looking at Battery Factory in India, as Well as EVs
South Korea Talks to US on Chip Curbs As Waivers Near Expiry
Hang Seng Boosted by Stimulus Pledges, Nikkei Dips on BoJ Vow
Drop in Hydropower Forcing China and India to Use More Coal

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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