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Latest: Asia Stock Market News

Sales of EVs up 21% Worldwide in July, as China Growth Rises
Sales of EVs up 21% Worldwide in July, as China Growth Rises

Some 1.35 million fully electric or plug-in hybrid electric vehicles were sold in July, Rho Motion market research firm said on Monday

New Hindenburg Report Wipes up to $13 Billion Off Adani Firms
New Hindenburg Report Wipes up to $13 Billion Off Adani Firms

Latest allegations come at a time when Adani Enterprises is looking to launch a $1 billion share sale by mid-September

China Says HK Ship Destroyed Baltic Gas Pipeline by Accident
China Says HK Ship Destroyed Baltic Gas Pipeline by Accident

China has admitted that the anchor of a Hong Kong-flagged vessel ripped apart an important gas pipeline from Finland to Estonia in the Baltic Sea in late 2022

China to Extend Loan Programme For Companies to Cut Emissions
China’s Bond Market on Edge as PBOC Takes on Bull Investors
Hang Seng Edges Ahead on Stimulus Bets, China Stocks Dip
China Testing Bigger Cargo Drones And Helicopter Taxis
Nikkei Recoups Most of Week’s Losses But China Loses Momentum
Extreme Weather Cost China More Than $10 Billion In July Alone
Chip Plants Cease Operations in Japan After Quakes Rock Kyushu, Tokyo

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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