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Latest: Asia Stock Market News

US, China Hold Informal Nuclear Talks, Discuss Taiwan
US, China Hold Informal Nuclear Talks, Discuss Taiwan

US scholars at semi-official bilateral talks were told China would not resort to nuclear threats in regard to a conflict over Taiwan

China EV Firms Scaling Back European Plans Over Subsidy Probe
China EV Firms Scaling Back European Plans Over Subsidy Probe

Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe

Putin Keen to Remind the West he Has Old Friends in Asia
Putin Keen to Remind the West he Has Old Friends in Asia

Russian president gets a warm welcome from his communist colleagues in Hanoi. But his mutual defence pact with Pyongyang is likely of far greater concern

India’s Biocon Seeks China Firm to Test Diabetes, Diet Drugs
China Signs $2.8bn Deals in Malaysia, Eyes Pan SE Asia Rail Link
Chinese Carmakers Call For 25% Retaliatory Tariffs on EU Cars
China ‘Underground Banks Laundered $50m Drug Cash’ – G’dian
China Tamps Down Lithium Battery Makers Amid Overcapacity Worry
China’s PBOC May Start Bonds Trading, Amid Stability Concerns
US ‘Wants Allies to Block Equipment to More China Chipmakers’

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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