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Latest: Asia Stock Market News

China Steps up Checks on Nvidia AI Chips at Major Ports, FT Says
China Steps up Checks on Nvidia AI Chips at Major Ports, FT Says

Chinese customs officials were dispatched to key ports to conduct strict checks on semiconductor shipments, a new report says

Philippines Slashes Rate Again as Graft Claims Cloud Outlook
Philippines Slashes Rate Again as Graft Claims Cloud Outlook

Bangko Sentral ng Pilipinas lowered its benchmark rate by 25 points to 4.75% and left the door open to more easing, but it said corruption allegations on public spending had eroded investor confidence

India Launches Plan to Let Users Shop Online With ChatGPT
India Launches Plan to Let Users Shop Online With ChatGPT

The initiative will employ India's homegrown payments network UPI, which processes over 20 billion transactions every month

TSMC Sees 30% Revenue Rise in Third Quarter Amid AI Boom
China Curbs Rare Earth Exports to Defence Firms, Chipmakers
UK PM Starmer in Delhi Seeking Quick Start to Free-Trade Deal
Underwater Drone Deal as Australia Ramps up Maritime Defences
Gold Nears $4,000 an Oz on Trade Tension, Economic Uncertainty
China’s BYD Sees Sales in the UK Jump by 880% – BBC
China Bought $40bn Advanced Chip Tools Despite Curbs: US Lawmakers

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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