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Latest: Asia Stock Market News

Taiwan Defence Spending to Focus on ‘Total’ China Blockade
Taiwan Defence Spending to Focus on ‘Total’ China Blockade

The island's defence ministry said China was increasingly "adopting an actual war approach and shifting from training to combat preparation"

China Firms Rush To Distance Themselves From SVB Collapse
China Firms Rush To Distance Themselves From SVB Collapse

Several Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed their exposure to Silicon Valley Bank over the weekend

Silicon Valley Bank Collapse Adds to China Investors’ Woes
Silicon Valley Bank Collapse Adds to China Investors’ Woes

At least one WeChat group with several hundred members has been formed by anxious Chinese clients of SVB seeking to safeguard their interest

China Retains Central Bank Chief in Surprise For Markets
US Set For ‘Substantial’ India Investments to Boost Tech Ties
ASML Suppliers Plan to Cut China Exposure As Chip War Heats Up
Xi’s Remarks on CATL ‘a Warning to Chinese EV Battery Makers’
Uncertainty Haunts ASML’s China Customers on New Export Curbs
Apple, Foxconn Spur Landmark Labour Reforms in Indian State
Asia Shares Slump on China Recovery Fears, US Banking Worries

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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