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Latest: Asia Stock Market News

India Likely to Defy Auto Lobby, Cut EV Levies to Appease Trump
India Likely to Defy Auto Lobby, Cut EV Levies to Appease Trump

Pushback from the domestic auto lobby has been a key reason why the Indian government has, for months, delayed a reduction of import levies

Trump Fan May Join Bid For TikTok After White House ‘Invite’
Trump Fan May Join Bid For TikTok After White House ‘Invite’

US venture capital firm is the latest investor 'keen to back' the bid by Oracle and partners for TikTok, but there's doubt on whether a sale can be agreed by Saturday

India Shares Sink on US Tariffs Criticism, Xi Urges Trade ‘Tango’
India Shares Sink on US Tariffs Criticism, Xi Urges Trade ‘Tango’

Stocks were down again in India on Tuesday, when China's President Xi Jinping urged his giant neighbour to do a 'dragon-elephant tango,' but talks on a US-India trade deal are 'progressing'

Tokyo, Seoul Deny China Claim of Joint Response to US Tariffs
Asian Markets Crash as Trump Vows Tariffs Against Every Country
China, Japan, South Korea Boost Trade Ties, as US Tariffs Loom
Chinese Builder Linked to Bangkok Tower Collapse Under Scrutiny
Xi Calls on Foreign CEOs to Help Protect Supply Chains
China and CK Hutchison ‘Seeking Resolution to $23bn Ports Deal’
China Bats Away Trump Offer of Tariffs Reduction For TikTok Deal

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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