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Latest: Asia Stock Market News

China’s EV Subsidy Era May End As Exports Boom, Priorities Shift
China’s EV Subsidy Era May End As Exports Boom, Priorities Shift

China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries

Trump Edges Closer to Tariff Deal With Seoul, Ignores NK Missile
Trump Edges Closer to Tariff Deal With Seoul, Ignores NK Missile

Tariff deal nearly finalized, Trump says, with $350bn worth of investment in US to be split into bundles, plus extensive help to reinvigorate US shipbuilding

Trump to Discuss Nvidia’s Top Chip With Xi, as Market Cap Soars
Trump to Discuss Nvidia’s Top Chip With Xi, as Market Cap Soars

Nvidia is set to become the first company with a market cap of $5 trillion after its shares jumped in pre-market trading on Wednesday following the announcement of two new deals

Japan Signs Rare Earths, Nuclear Power Deal With Trump
Fears For The Mekong After 27 Rare Earth Mines Found in Laos
Trump Taps Southeast Asia For Rare Earths Amid China Uncertainty
Trade Deal Optimism Lifts North Asian Stocks to Fresh Peaks
China Party Chiefs Vow to Boost Innovation, Oh, And Consumption
Trade and Tariffs in Focus, as ASEAN Awaits Trump at KL Summit
Hopes for Xi-Trump Summit Hinge on US-China Trade Talks in KL

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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