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Latest: Asia Stock Market News

China Demands ‘Fairness’ as US Bans New Drones From DJI, Others
China Demands ‘Fairness’ as US Bans New Drones From DJI, Others

New US rules are set to have the hardest impact on China’s DJI, which is the world’s largest drone maker and accounts for an estimated 80% of all commercial drones sold in the US

Japan Set to Test Mining of ‘Rare Earth Mud’ From Deep Seabed
Japan Set to Test Mining of ‘Rare Earth Mud’ From Deep Seabed

Japan will conduct a deepsea mining test next month off its most easterly island, where the seabed is believed to be rich in manganese and rare earth elements

China Vanke Seen Seeking Short Extensions to Delay Debt Rejig
China Vanke Seen Seeking Short Extensions to Delay Debt Rejig

China's biggest developer by sales is tipped to seek multiple short-term extensions for bond repayments before ultimately proposing a debt restructuring

Indonesians Win Right to Sue Swiss Cement Giant For Emissions
Gold Tops $4,400, Silver at Record High as Global Tensions Rise
Surge in Solar Power, Data Centres Spurs Battery Boom in China
US Begins Reviewing Licences For Sale of H200 Chips to China
Japan Repeats No-Nukes Pledge After Weapons Idea Floated
10-Year Bonds Soar, Nikkei Rises, Yen Slides as BOJ Hikes Rate
China’s Bytedance Signs JV Deal on Operation of TikTok in US

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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