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Latest: Asia Stock Market News

Nikkei Ahead on Tech Boost, Hang Seng Fuelled by Oil Surge
Nikkei Ahead on Tech Boost, Hang Seng Fuelled by Oil Surge

Data suggesting China’s long-struggling economy is finally stabilising and a tech surge following Arm’s successful stock launch powered a regional rally

China’s Factory and Retail Sales Pick Up, But Property Still a Drag
China’s Factory and Retail Sales Pick Up, But Property Still a Drag

Official data on Friday showed industrial output rose by 4.5% in August, while retail sales were up by a similar amount, but analysts say serious property easing is needed to deliver a real recovery

‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’
‘Frustrated’ in US, TSMC Finds Japan Chipmaking a ‘Natural Fit’

The Taiwanese chip giant is considering setting up a second fab in Japan, and adding capacity to an $8.6 billion plant already under construction in the country

Huawei to Hold Product Event; All Eyes on Tech, Chip Details
VinFast Sold Majority of EVs to Parent-Owned Taxi Firm – FT
Nikkei Surges on Fed Bets, Hang Seng Gains Despite EU Probe
China Central Bank Seen Boosting Liquidity, Keeping Rates Steady
Shanghai Exchange Looking at Nickel Futures, May Rival LME
China Slams EU’s Car Probe as a ‘Naked Protectionist Act’
China Denies iPhone Ban Claim But Warns of ‘Security Incidents’

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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