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Latest: Asia Stock Market News

Trump to Host Five Central Asian Leaders, as US Seeks Minerals
Trump to Host Five Central Asian Leaders, as US Seeks Minerals

The US wants to boost its influence in a region dominated by Russia, and courted by China. It is keen to get access to Central Asia's energy and mineral resources.

India Says It’s Keen to Create Bigger Banks, Possibly Via Mergers
India Says It’s Keen to Create Bigger Banks, Possibly Via Mergers

Finance Minister Nirmala Sitharaman wants more 'big banks' and says efforts are underway to consolidate some of the country's 12 state-owned banks

Supreme Court Defeat Seen Adding to Uncertainty on Trump Tariffs
Supreme Court Defeat Seen Adding to Uncertainty on Trump Tariffs

Judges sharply question whether the president has the right to impose global tariffs without the backing of Congress. An adverse ruling likely means more confusion and possibly a messy refund process, analysts say

Nvidia Joins $12bn India Push To Back AI, Robotics, Chip Firms
‘Big Short’ Wagers $1-Billion Bet That ‘AI Bubble’ Will Burst – LBC
China Blocks Use of Foreign AI Chips in State Data Centres
Asian Stocks Plunge After Wall Street Fall, Amid AI Valuation Fears
China ‘Cutting Electricity Bills In Half’ For Its AI Chip Firms – FT
India’s Big Plans To Decarbonise Industries Struggle To Take Off
China’s Shein Faces a Fierce Fashion Fight in France

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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