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Latest: Asia Stock Market News

Putin and Xi Condemn the US, Push for Ukraine Settlement
Putin and Xi Condemn the US, Push for Ukraine Settlement

A joint statement issued by the two leaders said a political settlement to the Ukraine crisis was the "right direction" and that both countries were opposed to a drawn-out conflict

US to Target Chinese Connected Cars Over National Security
US to Target Chinese Connected Cars Over National Security

US Commerce Secretary Gina Raimondo said Chinese connected cars could collect 'a lot of data around US persons that goes right back to Beijing'

Biden Scraps Tariff Exemption, to Protect US Solar Sector
Biden Scraps Tariff Exemption, to Protect US Solar Sector

Biden administration scraps a tariff exemption on solar panels and makes it easier for solar projects to get a subsidy for using locally made products - to protect manufacturers in the US

Microsoft Asks China AI Staff if They Want to Shift Abroad
Nikkei Lifted by Rates Bets, Hang Seng Gains on Property Boosts
India Now the World’s Third Biggest Generator of Solar Power
Huawei Mania Heads Beyond China as it Steps up Marketing Blitz
Project Liberty Forms Group to Bid For TikTok’s Operations in US
Chinese Firms Seen Shifting Production Abroad to Avoid US Tariffs
Nikkei Flat as Rates Fears Grip, Tariffs Weigh on China Stocks

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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