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Latest: Asia Stock Market News

Brazil Shuts BYD Factory Site Over ‘Slavery-Like Conditions’
Brazil Shuts BYD Factory Site Over ‘Slavery-Like Conditions’

Workers at the site, which was to be BYD's first EV factory outside of Asia, faced forced labour, long working hours, and sleep deprivation caused by inadequate housing conditions

News Corp Sells Foxtel Cable TV Unit to DAZN for $2.1bn
News Corp Sells Foxtel Cable TV Unit to DAZN for $2.1bn

The Murdoch media group has sold its Australian cable TV unit Foxtel to UK-based streaming network DAZN, sparking talk it may make a bid for rugby broadcast rights

China Plans Record $411 Billion Bond Issuance in 2025: Sources
China Plans Record $411 Billion Bond Issuance in 2025: Sources

Beijing plans to issue a record amount of debt in a bid to maintain economic growth while trade with the US faces the threat of higher tariffs

Toyota to Build Plant in China to Make Luxury EVs – Nikkei
India to Enforce Energy Storage for Solar, Wind Projects – PV
Honda, Nissan Start Merger Talks to Create $50bn Auto Giant
New US Probe Announced Into China’s Legacy Chips
Vietnam Set to Start First Rail Link to China, PM Says
Apple ‘Discussing AI Rollout in China With Tencent, Bytedance’
India Looking at Possible Trade Deal With Trump, Sources Say

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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