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Latest: Asia Stock Market News

SoftBank’s Chip Tech Firm Arm China Sees 90% Drop in Profit
SoftBank’s Chip Tech Firm Arm China Sees 90% Drop in Profit

The China business is the exclusive distributor of Arm chip technology in China and develops and sells its own chip designs based on Arm

Top China Dealmaker Bao Fan Disappears, Bank Stock Plunges
Top China Dealmaker Bao Fan Disappears, Bank Stock Plunges

Bao Fan, one of China's most high-profile investment bankers, has gone missing, his bank says, amid speculation he has been taken into custody.

TSMC Dumped by Several Funds Other Than Buffett’s Berkshire
TSMC Dumped by Several Funds Other Than Buffett’s Berkshire

Berkshire's investors are still trying to figure out why Buffett decided to sell most of its stake in the chipmaker

Asian Markets Rise on Hopes of Avoiding Global Hard Landing
China Sanctions Lockheed Martin, Raytheon Again Over Taiwan
China Expecting Record Rise in Solar Power Capacity This Year
Asian Currencies, Stocks Drop as Dollar Firms on US CPI Data
Tesla to Open US Charging Network to Rivals: White House
TSMC Shares Fall as Buffett-Backed Berkshire Dumps Stake
Japan to Splash $1.6bn on 500 Tomahawk Missiles – Nikkei

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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