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Latest: Asia Stock Market News

US Tariffs Could Cost Vietnam $25 Billion, UNDP Says
US Tariffs Could Cost Vietnam $25 Billion, UNDP Says

No country in Southeast Asia is more exposed to US tariff hikes than Vietnam, only China would be hit harder, a UNDP rep said

US Investment Demands Could Spur Financial Crisis: SKorea’s Lee
US Investment Demands Could Spur Financial Crisis: SKorea’s Lee

Lee said they cannot afford to invest $350 billion without a safety mechanism to cut risk, such as only supporting commercially feasible projects

Xi Stalls on TikTok Deal, But Agrees to Meet at APEC in Seoul
Xi Stalls on TikTok Deal, But Agrees to Meet at APEC in Seoul

Analysts say China is happy to drag out talks on the TikTok takeover, but President Xi agreed to meet President Trump in South Korea on October 31.

Thais Keen to Cut ‘Grey Money’, Gold Seen Lifting the Baht
China’s Policies Have Pushed Its Auto Industry Near to Collapse
Huang Voices Disappointment After China Bans Nvidia’s AI Chips
China Says TikTok Framework Agreement is a ‘Win-Win’ Deal
India, US To Hold Talks Amid Heated Rhetoric From Washington
TikTok Deal Includes New, Old Investors, Oracle Data Role – CNBC
Nvidia’s Latest AI Chip For China Finds Few Takers

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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