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Latest: Asia Stock Market News

TikTok Plans to Shut Down in US But Will Keep Paying Employees
TikTok Plans to Shut Down in US But Will Keep Paying Employees

TikTok’s moves follow a frosty hearing in the US Supreme Court last week, which has cemented expectations that it will face a ban starting Sunday

Indian Anti-Monopoly Ruling May Limit WhatsApp Features: Meta
Indian Anti-Monopoly Ruling May Limit WhatsApp Features: Meta

Tech giant says it may have to roll back or pause features if it faces a five-year ban on its data sharing imposed by India's anti-monopoly body

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

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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