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Latest: Asia Stock Market News

VinFast Recalls First Batch of EVs in US Over Dashboard Risk
VinFast Recalls First Batch of EVs in US Over Dashboard Risk

The Vietnamese EV-maker said it was not aware of any incidents, and that it was issuing the recall "out of an abundance of caution"

Patriotic Buyers Pump China Stocks Hit by US, Japan Sanctions
Patriotic Buyers Pump China Stocks Hit by US, Japan Sanctions

Stocks of China's semiconductor companies have seen large gains since March with NAURA Technology Group up 14%, Piotech up 45% and ACM Research Shanghai up 19%

US, China Ministers Hold ‘Candid’ Talks on Trade Concerns
US, China Ministers Hold ‘Candid’ Talks on Trade Concerns

Gina Raimondo and her counterpart Wang Wentao discussed a series of trade and security issues that have rocked bilateral dealings and amplified geopolitical tensions

US Risks ‘Enormous Damage’ With China Chip War: Nvidia CEO – FT
Top Officials Set to Meet as US Looks Beyond China Micron Ban
China’s $1.5trln Brokerage Sector Set For More Pain – SCMP
Shipments of Russian Gold to UAE Soar Since Ukraine War
Debt Ceiling Fears Send Hang Seng, Asia Stocks Down
India in the Running as Location of New Tesla Factory: Musk
South Korea Asks US to Review China Curbs in Chips Act Funding

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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