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Latest: Asia Stock Market News

EU And China Agree to Negotiations on EV Tariffs, Minister Says
EU And China Agree to Negotiations on EV Tariffs, Minister Says

The EU and Beijing will discuss tariffs imposed on Chinese EVs, following a visit by Germany's economy minister, who had "very open" and "blunt" exchanges with his counterparts

China EV-Makers Eat Into Japan, Korea’s Markets in SE Asia
China EV-Makers Eat Into Japan, Korea’s Markets in SE Asia

The key to Chinese carmakers’ success has been a massive EV boom in a region, now seen as the "world’s hottest market” for battery-powered vehicles

Hundreds Die in Extreme Heat at Haj, Millions Swelter Across Asia
Hundreds Die in Extreme Heat at Haj, Millions Swelter Across Asia

Deadly heatwaves scorched cities across Asia and the northern hemisphere this week, with hundreds dying on the Haj pilgrimage in Saudi Arabia

‘China Won’t Allow It’: TikTok Compares Divestiture to Chip Ban
Habeck in Beijing to Discuss Trade, as Germany Pivots to US
Outflows Pressure Sees Chinese Yuan Slip to Seven Month Lows
India Refusing to Restart Direct Passenger Flights With China
US, China Hold Informal Nuclear Talks, Discuss Taiwan
China EV Firms Scaling Back European Plans Over Subsidy Probe
Putin Keen to Remind the West he Has Old Friends in Asia

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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