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Latest: Asia Stock Market News

China Opts to Keep Its Powder Dry, Defers Unveiling New Stimulus
China Opts to Keep Its Powder Dry, Defers Unveiling New Stimulus

Politburo has opted to implement policies quicker rather than launch new spending measures, to maintain flexibility in a fast-changing external environment

Trump Says ‘Xi Called’ Him, Signals Trade Deals in Coming Weeks
Trump Says ‘Xi Called’ Him, Signals Trade Deals in Coming Weeks

Time says the first 100 days of Trump's second term "have been among the most destabilizing in American history." But others are concerned about the president's mental health

Apple Will Shift Production of US iPhones to India, FT Says
Apple Will Shift Production of US iPhones to India, FT Says

US tech giant will have to ramp up manufacturing in India to avoid tariffs on the 60-plus million iPhones it sells in the US

Tariffs Must be Scrapped if US Truly Wants a Trade Fix: China
US Lawmakers Target Three China Telcos Over Security Concerns
Chinese Exporters Slow to Switch to ‘Weak’ Domestic Market
China Follows US Playbook in Rare Earth Crackdown; Tesla Hit
China Mocks Trump’s Turnaround: ‘Tariffs to Drop Substantially’
‘Underground’ Banking System Set up For China-Russia Trade
World Faces ‘Significant Slowdown’ From US Tariffs, IMF Says

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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