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Latest: Asia Stock Market News

Nikkei Nears Record Peak, Calm in Asia Before US Inflation Data
Nikkei Nears Record Peak, Calm in Asia Before US Inflation Data

Japanese shares soared to a 34-year peak on Tuesday, rising 2.9% while stock markets in China were all closed again for the Lunar New Year holiday.

Top Execs at Toyota’s Daihatsu Bow Out Over Safety-Test Scandal
Top Execs at Toyota’s Daihatsu Bow Out Over Safety-Test Scandal

The departures are among the most drastic changes Daihatsu has made so far after revealing last year it had rigged side-collision safety tests for 88,000 small cars

EU Looking to Sanction Chinese, India, HK Firms Over Russia Ties
EU Looking to Sanction Chinese, India, HK Firms Over Russia Ties

European MPs plan to sanction three Chinese companies, plus businesses in India, Hong Kong and other countries in a bid to curb the supply of parts used in weapons and drones in Russia's war on Ukraine

India Hits New High on Key MSCI Index as China Slides
Asia Trade Thin With Nikkei, Hang Seng, Others on Holiday
Indonesia, China to Cut Nickel Output as EV Metal Loses Sheen
China in Race With West to Build Best Solid-State Battery – Nikkei
Every Country Must Set up AI Infrastructure, Nvidia’s Huang Says
Altman’s AI Chips Plan Could Cost Trillions, Not Billions – WSJ
Israel’s Tower Proposes $8bn Chip Plant in India – Express

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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