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Latest: Asia Stock Market News

China’s Baidu Launches Two Free AI Models to Rival DeepSeek
China’s Baidu Launches Two Free AI Models to Rival DeepSeek

Baidu has struggled to gain widespread adoption for its Ernie LLM, despite claiming performance comparable to OpenAI's GPT-4

Chinese Mine Blamed For Zambian River Pollution Crisis – AP
Chinese Mine Blamed For Zambian River Pollution Crisis – AP

Giant mine spill allowed about 50 million litres of acid-tainted waste to flow into Zambia's most important river, local engineers say; negligence in regard to environmental protection has created growing ill-feeling in the country

Retail Sales Rise in China Amid Big Push For Lift in Consumption
Retail Sales Rise in China Amid Big Push For Lift in Consumption

Data on Monday showed annual retail growth in the first two months of 2025, along with greater joblessness and factory output slowed

‘Unusual White House Involvement’ in US Bid to Buy TikTok
US, Vietnamese Firms Sign Billions in Energy, Mineral Deals
Cloud Over Panama Ports Deal: China Slams HK Owner’s Sellout
Tesla Planning Cheaper, Smaller Model Y to Boost China Sales
Server Fraud Case in Singapore May be Linked to AI Chips, China
New CEO May Block Intel Split, TSMC’s Plan for JV to Run Fabs
South Korea Keen to Sell Submarines to Canada, Paper Says

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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