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Latest: Asia Stock Market News

US Says Hidden Radios Found in Solar Highway Tech From China
US Says Hidden Radios Found in Solar Highway Tech From China

US officials say undocumented cellular radios were found in foreign inverters and battery systems and that Chinese tech should be scanned for hidden devices

India’s Adani Bans Sanctioned Tankers From Berthing at its Ports
India’s Adani Bans Sanctioned Tankers From Berthing at its Ports

Adani has issued multiple orders to block sanctioned tankers at its 14 ports, after the US and EU ramped up threats in regard to imports of Russian oil

China’s Independent Oil Refiners Face Tax Evasion Crackdown
China’s Independent Oil Refiners Face Tax Evasion Crackdown

Beijing has drawn up new rules to target tax evasion among small refiners, plus the EC is threatening to impose sanctions on Chinese refineries that take Russian oil

Cars From China, Asia Now Face 50% Tariffs, Mexico Says
Toyota ‘to Make Electric SUVs at US Factory in Kentucky’
EC Looking at Sanctions on China Oil Refineries for Trade With Russia
Nepal PM Oli Ousted by ‘Gen Z’ Protests Over Corruption, Jobs
Hyundai Raid: How A Visa Loophole Landed Korean Workers In Trouble
US Targets Billion-Dollar Scam Networks in Myanmar, Cambodia
New Indonesian Finance Minister to Ease Liquidity to Lift Growth

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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