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Latest: Asia Stock Market News

China’s New Rare Earth Rules Seek Product Traceability Details
China’s New Rare Earth Rules Seek Product Traceability Details

The new rules, which take effect in October, say the State Council will establish a rare earth product traceability information system. They also seek to protect domestic supply of critical minerals.

Toyota to Launch EV With Tesla-Like Driving System in China
Toyota to Launch EV With Tesla-Like Driving System in China

Once the biggest car seller in China, Toyota has seen its popularity drop in the country as it continues to play catch-up on EV tech

‘Four of Five Huawei AI Chips Defective’ as US Sanctions Bite
‘Four of Five Huawei AI Chips Defective’ as US Sanctions Bite

The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions

Jakarta to Review Data Centres’ Lax Oversight After Cyberattack
US Lawsuit Says Temu Shopping App Has ‘Hidden Spyware’ – AT
US Planning ‘Aggressive’ Rules on Data Security for Chinese EVs
Indonesian Airports, Data Centres Hit By Worst Cyberattack in Years
Carbon Removal Could Rake in $100 Billion Annually From 2030
Amazon to Take on Temu, Shein With China-Linked Discount Store
Taiwan Issues Travel Warning After China’s Execution Threat

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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