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Latest: Asia Stock Market News

South Korea’s Yoon Facing Impeachment After Martial Law Drama
South Korea’s Yoon Facing Impeachment After Martial Law Drama

MPs look likely to vote on a bill that calls for the president to be impeached, but the political upheaval could last for months, analysts say

US Chips ‘Not Safe’ to Buy, Chinese Industry Bodies Claim
US Chips ‘Not Safe’ to Buy, Chinese Industry Bodies Claim

Four industry bodies said Chinese firms should buy locally-made chips, after claiming that US chips are "no longer safe"

Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’
Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’

Truong My Lan lost her appeal against the death sentence for a $12bn bank fraud, but she could save her life if she returns most of the embezzled assets

China Hits Back at US Bans, Halts Export of Key Chip Materials
Trump’s 100% Tariffs Warning to BRICS Rattles Asian Currencies
Vietnam to Build High-Speed North-South Rail Link – BT
China Chip Sector Faces a Third Wave of US Export Curbs
Saudi, Oil Producing States Block Hopes for UN Plastics Treaty
Asian Steelmakers Failing on Shift to Renewables, Survey Finds
Chinese Ship Suspected of Dragging Anchor to Cut Baltic Cables

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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