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Latest: Asia Stock Market News

After Taking Some Big Blows, India’s Modi Starts to Hit Back
After Taking Some Big Blows, India’s Modi Starts to Hit Back

On Thursday the 75-year-old PM said he was ready to stand by its farmers at any cost, without referring to his tussle with the US on opening up India's agricultural sectors to lower Trump's tariffs

‘Conflicted’ Intel CEO Must Resign Over China Ties, Trump Says
‘Conflicted’ Intel CEO Must Resign Over China Ties, Trump Says

Lip-Bu Tan targeted over investments and a scandal at his former firm Cadence, found to have sold chip design products to proxies for a military university in China believed to be simulating nuclear explosions

US Unveils 100% Tariff on Imported Chips But Key Firms Exempt
US Unveils 100% Tariff on Imported Chips But Key Firms Exempt

The move is part of Trump's efforts to spur manufacturing in the US. There was also news that Apple will invest $100 billion in its home market

India, Once Close to Deal With US, Now Faces 50% Tariffs
US Begins Talks With Cook Islands Over Seabed Minerals
Chip And Pharma Tariffs to be Announced Next Week: Trump
Global Disaster Losses Soar to $80 Billion in First Half: Swiss Re
Trump Ramps Criticism of India: ‘Backing ‘Russian War Machine’
Three Detained in Taiwan For Alleged Theft of TSMC Chip Secrets
Japanese Shipbuilder Wins $6.5 Billion Warship Deal With Australia

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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