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Latest: Asia Stock Market News

Nearly One in Every Two Cars Sold in China Was Electric in 2024
Nearly One in Every Two Cars Sold in China Was Electric in 2024

A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year

China’s Country Garden Offers Rejig of $10.3bn Offshore Debt
China’s Country Garden Offers Rejig of $10.3bn Offshore Debt

The restructure would give creditors many options such as converting debt into cash and extending maturity. It comes ahead of a liquidation hearing on January 20.

Biden’s Final Fling: Curbs on US-Made AI Chips, Russia Sanctions
Biden’s Final Fling: Curbs on US-Made AI Chips, Russia Sanctions

Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'

Deflation Risk in China as Weak Demand Hits Consumer Prices
Brazil to Fine BYD For Each Worker Found Doing ‘Slave Labour’
Trump May Declare National Economic Crisis For New Tariffs: CNN
Meta Ditches Fact Checking in US Ahead of Trump Taking Office
Can Musk’s Ties With Trump Overcome US Military Ban on CATL?
China’s BYD Beat Tesla Again in EV Sales in Q4 Last Year – SCMP
Trump Says He And China’s Xi Will Likely ‘Get Along Very Well’

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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