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Latest: Asia Stock Market News

Japan to Splash $1.6bn on 500 Tomahawk Missiles – Nikkei
Japan to Splash $1.6bn on 500 Tomahawk Missiles – Nikkei

Japan increased its defence budget for the upcoming financial year in response to heightened regional tensions with China, Nikkei said

Asian Markets Follow Wall Street’s Hopes of Inflation Easing
Asian Markets Follow Wall Street’s Hopes of Inflation Easing

Most Asian markets edged up on Tuesday ahead of US inflation data, following the lead of Wall Street.

Vietnamese Fret Over US Xinjiang Law Risk to Solar Panel Trade
Vietnamese Fret Over US Xinjiang Law Risk to Solar Panel Trade

Vietnam has recently been repeatedly mentioned in US trade meetings among countries at highest risk of falling foul of US trade restrictions, a source said

BYD to Build $1.2 Billion EV Battery Plant in Zhengzhou
US Rejects China’s Balloon Claim as Diplomats Consider Talks
India’s Adani Bids to Reassure Investors as Rout Continues
Asian Shares Slip, Dollar up Ahead of US Inflation Data
All Eyes on India Market Regulator Amid Adani Share Sale Probe
China Claims US Flew High-Altitude Balloons Over its Airspace
Alibaba Sells Final Stake in India’s Paytm For $167 Million

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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