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Latest: Asia Stock Market News

China’s Baidu Laying Off Staff After Third Quarter Loss: Sources
China’s Baidu Laying Off Staff After Third Quarter Loss: Sources

Sources say the company is struggling with intensifying competition in AI from Alibaba and DeepSeek, plus declining ad revenue

Nvidia’s Biggest Chinese Buyer Can No Longer Use Its Chips For AI
Nvidia’s Biggest Chinese Buyer Can No Longer Use Its Chips For AI

TikTok-parent ByteDance bought more Nvidia chips than any other Chinese firm last year. It may have to look elsewhere now to power its data centres

Toll Rises, But Hundreds Still Missing in Deadly Hong Kong Blaze
Toll Rises, But Hundreds Still Missing in Deadly Hong Kong Blaze

Death toll from fire tragedy in Hong Kong rises to 65 but nearly 300 are still missing after firefighters contained the blaze on Thursday. Police accuse renovation firm of 'gross neglience'

Taiwan May Train US Workers in Chipmaking Under Tariff Deal
Huge HK Fire Adds to a Bad Day For China’s Property Sector
Waves of Record Rainfall Swamp Southern Thailand, Malaysia
China’s Spat With Japan Derails Bid to Join CPTPP Trade Bloc
Powerful Nvidia Chip May Put Chinese Chipmakers in Choppy Waters
US Offering Big Money to Nab Southeast Asian Scam Bosses
‘Indonesian Oil’ Surging Into China May Come From Iran: Traders

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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