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Latest: Asia Stock Market News

Japan, Korea, US Agree Forex Cooperation As Yen, Won Dive
Japan, Korea, US Agree Forex Cooperation As Yen, Won Dive

Fading hopes of a US interest rate cut anytime soon have pushed the Japanese currency to 34-year lows

Biden to Propose Tripling Tariffs on Metal Products From China
Biden to Propose Tripling Tariffs on Metal Products From China

President eyes hiking tariffs amid a push for blue-collar votes on a visit to Pittsburgh, the 'Steel City', as China boosts steel and car exports

Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades
Japanese Firms Eye Moves to the US as ‘China Illusion’ Fades

With Japanese firms now wary about investing in China, the US's economic resilience has proven too strong to ignore

IMF Tips 3.2% Global Growth, Warns China on Property Crisis
Nikkei Dips on Profit Taking, Hang Seng Flat Despite Rules Boost
Baidu Says AI Chatbot ‘Ernie’ Has 200m Users A Day
Nikkei, Hang Seng Slide as US Data Dashes Rate Hopes
China Providing 90% of Chips Used in Russia, Despite Sanctions
Row Over Fair Car Trade Continues as Scholz Lands in China
Nikkei, Hang Seng Dip on Israel-Iran Fears, China Stocks Gain

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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