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Latest: Asia Stock Market News

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
TSMC Sees 30% Revenue Rise in Third Quarter Amid AI Boom

World's top chipmaker says its Q3 revenue was up 30% this year. This comes as OpenAI expands its cheap ChatGPT programme across Asia.

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
Renewables Top Coal Power for First Time in First Half of 2025

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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