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Latest: Asia Stock Market News

Weak ASEAN Nations ‘at Risk of Evolving Into Scamming States’
Weak ASEAN Nations ‘at Risk of Evolving Into Scamming States’

Top analyst says crime zones are seeing a huge inflow of stolen funds; calls for sanctions to be imposed on Karen warlord who hosts scam centres on the Thai-Myanmar border

Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip
Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip

Huawei has sent out samples of its new Ascend 910C to top Chinese server companies, but issues continue to persist with the chip's predecessor

Nikkei Sinks, But China Stocks See Their Biggest Day Since 2008
Nikkei Sinks, But China Stocks See Their Biggest Day Since 2008

Mainland China stocks enjoyed their biggest single-day gains since 2008, with property stocks soaring after mortgage cuts were announced by the PBOC; meanwhile, the Nikkei plunged on news of Japan's new PM

Chinese Banks Will be Told to Cut Mortgages by End-Oct: PBOC
China’s Bid to Lift Household Consumption ‘Will Take Years’
Altman Looks to Calm Nerves on OpenAI Shake-Up Amid Fundraising
Former Defence Minister Shigeru Ishiba to be Japan’s Next PM
China’s Top Cities Set to Lift All Curbs on Homebuyers
Hang Seng Rallies on Beijing Boosts, Nikkei Lifted by Soft Yen
Chinese Industrial Firms Hit by Plunge in Profits in August

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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