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Latest: Asia Stock Market News

China Hits US Ships With Extra Port Fees as Trade Tensions Rise
China Hits US Ships With Extra Port Fees as Trade Tensions Rise

Vessels owned or operated by US firms and people – or built in the US or flying the US flag – will be charged extra port fees from next Tuesday, China says.

China Stocks Drop Off 10-Year High; HK Down Amid Trade Tension
China Stocks Drop Off 10-Year High; HK Down Amid Trade Tension

"We believe the US and China could both be strengthening their leverage in trade talks, ahead of a potential summit between the two presidents," Citi analysts said

China Steps up Checks on Nvidia AI Chips at Major Ports, FT Says
China Steps up Checks on Nvidia AI Chips at Major Ports, FT Says

Chinese customs officials were dispatched to key ports to conduct strict checks on semiconductor shipments, a new report says

Philippines Slashes Rate Again as Graft Claims Cloud Outlook
India Launches Plan to Let Users Shop Online With ChatGPT
TSMC Sees 30% Revenue Rise in Third Quarter Amid AI Boom
China Curbs Rare Earth Exports to Defence Firms, Chipmakers
UK PM Starmer in Delhi Seeking Quick Start to Free-Trade Deal
Underwater Drone Deal as Australia Ramps up Maritime Defences
Gold Nears $4,000 an Oz on Trade Tension, Economic Uncertainty

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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