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Latest: Asia Stock Market News

Trump Asks US Supreme Court to Pause Law That Could Ban TikTok
Trump Asks US Supreme Court to Pause Law That Could Ban TikTok

The US President-elect says a pause would give his administration time to pursue a "political resolution" to the issue

China Urges Support for People in Need as Economy Slows
China Urges Support for People in Need as Economy Slows

Beijing has asked local governments 'with financial capacity' to give relief funds or a one-time allowance to people in need as the Lunar New Year break looms

China’s Chipmaking Skills 10-15 Years Behind West: ASML CEO
China’s Chipmaking Skills 10-15 Years Behind West: ASML CEO

China's top chipmakers are still 10-15 years behind leading Western chipmakers because they cannot access EUV lithography machines, ASML's new CEO has said

Chinese Battery Giant CATL Planning to List in Hong Kong
Industries Shut Down as Iran’s Energy Crisis Gets Dire – NYT
South Korea Crisis Deepens as Acting President Also Impeached
China’s Industrial Profits Down 7% on Weak Demand in November
Neighbours Worried About China’s Giant New Dam in Tibet
Brazil Shuts BYD Factory Site Over ‘Slavery-Like Conditions’
News Corp Sells Foxtel Cable TV Unit to DAZN for $2.1bn

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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