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Latest: Asia Stock Market News

China’s Exports Surge 8.6% in June, But Imports Drop 2.3%
China’s Exports Surge 8.6% in June, But Imports Drop 2.3%

The drop in imports does not bode well for exports in the coming months, as just under a third of China's imports are parts for re-export, particularly in the electronics sector.

Generative AI Hallucinations Slow Down Industry Rollout
Generative AI Hallucinations Slow Down Industry Rollout

Worry about AI hallucinations reached their peak in May this year after Google rolled-out its much-anticipated chatbot Gemini — which soon gained notoriety for ridiculous outputs

China Building More Solar, Wind Than Rest of World Combined
China Building More Solar, Wind Than Rest of World Combined

Latest numbers out of China indicate the country's carbon emissions may have peaked last year

China Shifting to ‘Green’ Steel Production as EU Levy Looms
Taiwan’s TSMC Joins Trillion Dollar Club Amid AI Frenzy
A European Push Could Help India Fill Carbon Removal Gaps
AI is ‘Effectively Useless,’ Veteran Analyst Warns – Fortune
China to Examine European Union’s Trade ‘Barriers’
China Checking ‘Big Four’ Auditors’ Work After Evergrande Fiasco
China Consumer Inflation, Producer Prices Hit by Weak Demand

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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