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Latest: Asia Stock Market News

Yttrium is Latest Rare Earth Concern as Global Supplies Fall
Yttrium is Latest Rare Earth Concern as Global Supplies Fall

Traders report a 'scramble' for yttrium, used in chips and jet engines; prices have soared 4,400% this year and China has sent no yttrium to the US since April.

Japan’s Megabanks Raise Profit Forecasts as Deflation Eases
Japan’s Megabanks Raise Profit Forecasts as Deflation Eases

The big three 'megabanks' have cashed in on a rise in interest rates and a wave of corporate activity fuelled by the end of deflation

US, Korea Reveal Details on Building Ships and Nuclear Subs
US, Korea Reveal Details on Building Ships and Nuclear Subs

Lee's security adviser said the countries discussed nuclear-powered submarines on the "premise" the vessels would be built in South Korea

China, HK, Japan Stocks All Sink as Tech, AI Selloff Continues
EU Keen to Stem Flood of Cheap China Parcels From Shein, Temu
Singapore Trialling a CBDC, Plans Laws on Stablecoins, MAS Says
Bridge Collapse in Southern China Linked to Dam in Seismic Zone
Amid Fears Of An AI Bubble, Indian Equities Become Surprise Hedge
Japan’s New PM Working on ‘Bold’ Stimulus Package, Draft Shows
Big Tech to Freeze Australian Children’s Social Media Accounts

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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