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Latest: Asia Stock Market News

Vietnam Arrests Top Rare Earth Execs Amid Plans to Rival China
Vietnam Arrests Top Rare Earth Execs Amid Plans to Rival China

Police arrested the chairman of Vietnam Rare Earth JSC (VTRE) — a company at the forefront of the country’s drive to boost its rare earth industry and rival China

Nikkei Slides as Middle East Crisis Darkens, Fed Hopes Fade
Nikkei Slides as Middle East Crisis Darkens, Fed Hopes Fade

Bonds were under pressure and indexes suffered as investors shunned risk with the conflict in Israel and Gaza weighing heavily on sentiment

US Chip Export Ban Seen as Big Opportunity for Huawei
US Chip Export Ban Seen as Big Opportunity for Huawei

Analysts say the US move last week to expand its export controls may allow the Chinese tech giant to fill the void created by the ban on Nvidia's popular artificial intelligence chips

Officials Target Foxconn China Sites for Tax, Land Use Probe
China’s Central Bank Chief Pledges ‘Forceful’ Economic Support
Australian PM to Meet Xi Next Month, as Trade Issues Improve
Staff From WPP-Owned Media Agency Detained in China
Malaysia’s Anwar Pushes ASEAN-Gulf Council Free-Trade Deal
Rising US Yields Spur Major Outflow From Asian Bonds in Sept
China Exported Just 1kg of Germanium Last Month, No Gallium

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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