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Latest: Asia Stock Market News

Graft Blamed for Long Delay of China’s Energy Law
Graft Blamed for Long Delay of China’s Energy Law

'Vested interests' are said to have stalled the law, which prioritizes renewable energy, and despite a vast outlay of green energy, China is behind its 2025 transition commitments

Chinese Graphite: US Carmakers Win Easier EV Tax Credits
Chinese Graphite: US Carmakers Win Easier EV Tax Credits

US Treasury loosens requirements for tax credits for battery minerals used in electric vehicles, such as graphite, most of which comes from China

Macron and Xi Set to Discuss Trade Concerns, War in Ukraine
Macron and Xi Set to Discuss Trade Concerns, War in Ukraine

Trade issues and the war in Ukraine will be the top items on the agenda when the French president meets his Chinese counterpart on Sunday

Tesla Sues Indian Battery Maker For Use of ‘Tesla Power’ Name
EV-Maker Zeekr Plans First Major Chinese IPO in US in Two Years
India Regulator Puts Seven Adani Firms on Notice For Violations
Massive Inflows Into Taiwan ETFs Spark Volatility Concerns
Hang Seng Boosted by Tech, Policy Promises; Nikkei Closed
TikTok Allowing Manipulated Videos of Biden, Media Monitor Says
Bank of Japan ‘Spent $59 Billion Lifting Yen’ 3.5% This Week

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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