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Latest: Asia Stock Market News

Talk of Auto Deals With China Rises, as EU Tariffs on EVs Loom
Talk of Auto Deals With China Rises, as EU Tariffs on EVs Loom

Analysts say China is using carrots and sticks to convince key European states to push back against hefty tariffs on Chinese electric vehicles

Former Thai PM Thaksin Faces Indictment For Alleged Royal Insult
Former Thai PM Thaksin Faces Indictment For Alleged Royal Insult

Thailand's attorney-general will indict Thaksin for allegedly insulting the monarchy, an official said on Wednesday. The news is a blow to the political heavyweight, whose loyalists dominate the current government

Shein London IPO Plan Under Fire From UK Lawmakers
Shein London IPO Plan Under Fire From UK Lawmakers

Senior UK politicians want more scrutiny of the fashion giant ahead of a possible London listing over alleged labour malpractices and competitor lawsuits

China Welcomes ‘New Beginning’ Of Ties with Korea, Japan
North Korean Rocket Carrying Satellite Explodes After Launch
Nikkei Dips on BoJ Bets, Hang Seng Flat Despite Property Lift
China Investing in Africa Again, Focus on Key Energy Minerals
Inflation Indicators in Japan Drop Below 2% in April
Musk’s xAI Valued at $24 Billion After New Funding Push
China Evergrande EV Unit Stocks Turbocharged by Liquidator Deal

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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