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Latest: Asia Stock Market News

Trump Threats to Stop EV Sales May Backfire – Gizmodo
Trump Threats to Stop EV Sales May Backfire – Gizmodo

Americans are warming to electric vehicles and analysts are predicting "widespread EV adoption", plus thousands of jobs in some states from billions of investments

Talk of Auto Deals With China Rises, as EU Tariffs on EVs Loom
Talk of Auto Deals With China Rises, as EU Tariffs on EVs Loom

Analysts say China is using carrots and sticks to convince key European states to push back against hefty tariffs on Chinese electric vehicles

Former Thai PM Thaksin Faces Indictment For Alleged Royal Insult
Former Thai PM Thaksin Faces Indictment For Alleged Royal Insult

Thailand's attorney-general will indict Thaksin for allegedly insulting the monarchy, an official said on Wednesday. The news is a blow to the political heavyweight, whose loyalists dominate the current government

Shein London IPO Plan Under Fire From UK Lawmakers
China Welcomes ‘New Beginning’ Of Ties with Korea, Japan
North Korean Rocket Carrying Satellite Explodes After Launch
Nikkei Dips on BoJ Bets, Hang Seng Flat Despite Property Lift
China Investing in Africa Again, Focus on Key Energy Minerals
Inflation Indicators in Japan Drop Below 2% in April
Musk’s xAI Valued at $24 Billion After New Funding Push

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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