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Latest: Asia Stock Market News

General Motors’ Operations in China Take a $5-Billion Hit
General Motors’ Operations in China Take a $5-Billion Hit

US carmaker says it will record non-cash charges of more than $5 billion on its joint venture with SAIC in China, one for the rejig of operations, and another on its reduced value

Malaysia Tells Chinese Firms: Don’t Use Us to Dodge US Tariffs
Malaysia Tells Chinese Firms: Don’t Use Us to Dodge US Tariffs

Malaysian trade minister says he has told many Chinese businesses not to invest in the country if they only want to rebadge their products there to avoid US tariffs

South Korea’s Yoon Facing Impeachment After Martial Law Drama
South Korea’s Yoon Facing Impeachment After Martial Law Drama

MPs look likely to vote on a bill that calls for the president to be impeached, but the political upheaval could last for months, analysts say

US Chips ‘Not Safe’ to Buy, Chinese Industry Bodies Claim
Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’
China Hits Back at US Bans, Halts Export of Key Chip Materials
Trump’s 100% Tariffs Warning to BRICS Rattles Asian Currencies
Vietnam to Build High-Speed North-South Rail Link – BT
China Chip Sector Faces a Third Wave of US Export Curbs
Saudi, Oil Producing States Block Hopes for UN Plastics Treaty

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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