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Latest: Asia Stock Market News

TSMC Shares Fall on Trump Remark ‘Taiwan Should Pay for Defence’
TSMC Shares Fall on Trump Remark ‘Taiwan Should Pay for Defence’

Shares of TSMC fell on Wednesday after remarks by US presidential candidate Donald Trump that Taiwan should pay the US for its defence

Key EV Software Must be Made in an Allied Nation: US Official
Key EV Software Must be Made in an Allied Nation: US Official

Top Commerce official says new US rules, to be announced next month, would limit the software in electric vehicles made in China

PwC Slashes Financial Audit Staff in China After Clients’ Mass Exit
PwC Slashes Financial Audit Staff in China After Clients’ Mass Exit

The auditing giant has been forced to slash its auditing staff in China following a mass exodus of clients in the wake of the China Evergrande accounting fiasco, sources say

World Bank Looking to Bolster Financial Links for Pacific Islands
Chinese Brokerage to Boost Investment Banking in Southeast Asia
Trump Tech War Fears Hit Hang Seng, Earnings Hopes Lift Nikkei
Melting Ice Caps Slows Earth’s Spin, Makes Days Longer – AFP
N Korean Hackers Used Cambodian Firm to Launder Stolen Crypto
Cambo-Chinese Firm Tied to Crypto Scams, Money Laundering
Thai Economy Rocked by Factory Closures, Cheap Chinese Imports

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Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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