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Latest: Asia Stock Market News

China’s Independent Oil Refiners Face Tax Evasion Crackdown
China’s Independent Oil Refiners Face Tax Evasion Crackdown

Beijing has drawn up new rules to target tax evasion among small refiners, plus the EC is threatening to impose sanctions on Chinese refineries that take Russian oil

Cars From China, Asia Now Face 50% Tariffs, Mexico Says
Cars From China, Asia Now Face 50% Tariffs, Mexico Says

The move – seen as a bid to placate the US and protect jobs – will increase tariffs on $52 billion worth of imports in sectors such as textiles, steel and automotive

Toyota ‘to Make Electric SUVs at US Factory in Kentucky’
Toyota ‘to Make Electric SUVs at US Factory in Kentucky’

Toyota Motor plans to start making two battery-powered sport utility vehicles at its US factory in Kentucky, a person with knowledge of the plan has revealed

EC Looking at Sanctions on China Oil Refineries for Trade With Russia
Nepal PM Oli Ousted by ‘Gen Z’ Protests Over Corruption, Jobs
Hyundai Raid: How A Visa Loophole Landed Korean Workers In Trouble
US Targets Billion-Dollar Scam Networks in Myanmar, Cambodia
New Indonesian Finance Minister to Ease Liquidity to Lift Growth
Thai Court Jails Former PM Thaksin for ‘Illegal’ Hospital Stay
China’s Top Maker of Humanoid Robots Planning $7 Billion IPO

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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