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Latest: Asia Stock Market News

Minor Exemptions in US Crackdown on Chinese, Russian Vehicles
Minor Exemptions in US Crackdown on Chinese, Russian Vehicles

The new rules will include Russian cars, but exempt BYD buses assembled in California and won't cover Chinese software made before the rules take effect, so GM and Ford can continue to import some China-made vehicles

South Korea’s Yoon Surrenders to Investigators Over ‘Insurrection’
South Korea’s Yoon Surrenders to Investigators Over ‘Insurrection’

Facing allegations of staging an insurrection, Yoon said he agreed to comply with what he called an illegal probe to avoid "bloodshed".

American ‘TikTok Refugees’ Flock to New Chinese Apps – CNN
American ‘TikTok Refugees’ Flock to New Chinese Apps – CNN

China’s RedNote — also known as Xiaohongshu — and Lemon8 have become the top two most downloaded apps in the US this week

TikTok Calls Report on Possible Sale to Elon Musk ‘Pure Fiction’
Momentick Unveils First Emissions Risk Management Service
Scam Centre’s Abduction of Chinese Actor a Blow For Thai Tourism
China Fumes as TSMC Begins Producing 4nm Chips in US
TikTok Could Face Ban in US After Bad Day in Court – GZero
Biden Restricts Access to AI Chips to US Firms And Its Allies
US Probe Shows China Unfairly Dominates Shipbuilding: Sources

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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