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Latest: Asia Stock Market News

Tesla Starts Raising China EV Rates After Igniting Price War
Tesla Starts Raising China EV Rates After Igniting Price War

The US carmaker's aggressive price cuts earlier this year helped it to stoke demand amid rising inventories

China to Set Up Blockchain Research Centre in Beijing – SCMP
China to Set Up Blockchain Research Centre in Beijing – SCMP

The centre will be tasked with exploring blockchain’s potential for the government, Chinese citizens and industries

Asia Stocks Retreat on US Inflation Fears But Nikkei Advances
Asia Stocks Retreat on US Inflation Fears But Nikkei Advances

Investors continued to be distracted by the US Fed’s rate hike threats while news on a new BOJ chief unsettled traders in Tokyo

India Finds Huge Lithium Deposits For First Time in Far North
US Weighs Sanctions on Chinese Entities Linked to Spy Balloon
SEBI Probing Adani Share Sale, MSCI Cuts Firms’ Index Weight
Investors Eye Better Returns as China Govt Bonds Lose Favour
Japan Carmakers Toyota, Nissan Post Surprise Bumper Profits
Google AI Chatbot’s Factual Error in Ad Costs $100bn – Reuters
Buffett’s Berkshire Sells Another $139 Million BYD Shares

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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