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Latest: Asia Stock Market News

Musk Visits Pentagon, But Trump Denies ‘China War Plan Briefing’
Musk Visits Pentagon, But Trump Denies ‘China War Plan Briefing’

Musk, now leading the move to slash government spending, is meeting top military officials at Pentagon for talks which sources say may involve secret war plans

Investors Not Happy as Indonesia Eases Limits in Military Law
Investors Not Happy as Indonesia Eases Limits in Military Law

Another unpopular decision by Indonesia's Prabowo has unnerved citizens and investors. The Jakarta stock exchange has plunged by over 11.5% this year and there are growing doubts about his economic judgement

India Ends Manufacturing Scheme, Focuses on Slashing Tariffs
India Ends Manufacturing Scheme, Focuses on Slashing Tariffs

$23-billion incentives programme that aimed to lure manufacturers away from China was hindered by red tape and slow meagre payouts, officials said, but two sectors enjoyed huge growth

Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT
Vietnam to Allow 49% Foreign Ownership of Some Private Banks
Plan For High Port Fees on Chinese Ships Worrying US Exporters
BYD Mexico Plant in Limbo as ‘China Fears EV Tech Leaking to US’
April 2 Set as Date for Unveiling of Trump’s Reciprocal Tariffs
Huawei Bribery Scandal: Five Charged After EU Parliament Raids
BYD Shares Hit Record on Charging Tech Twice as Fast as Tesla

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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