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Latest: Asia Stock Market News

Foreign Retailers Give up on US as Tax on Small Parcels Starts
Foreign Retailers Give up on US as Tax on Small Parcels Starts

With the tariff exemption – and trade loophole – for small parcels ending on May 2, some foreign retailers are giving up on seeking sales in the US

China Says It’s Assessing Possible Trade Talks With The US
China Says It’s Assessing Possible Trade Talks With The US

Chinese officials said on Friday they are evaluating US requests to negotiate on tariffs, but Trump's latest threat to impose sanctions on any country buying oil off Iran suggests the chance of any talks is slim

Shipping Volume Will Plunge by Over a Third Next Week: LA Port
Shipping Volume Will Plunge by Over a Third Next Week: LA Port

Officials at the Ports of Los Angeles and Long Beach expect a plunge in cargo from Asia that could last well into the second half, if not longer

Thai Central Bank Cuts Rate on Tariff Woes, Moody’s Downgrade
US Has Reached Out to Discuss Tariffs, China’s State Media Says
As Trump Tariffs Hurt The Dollar, China Dreams of a Global Yuan
China Unveils Propaganda Video, Vows to ‘Never Kneel’ to Bullies
China ‘Compiling a List of US Goods Exempt From Its 125% Tariffs’
China’s Factory Activity Falls as US Tariffs Kill Export Orders
US Says One of its First Trade Deals Will be With India

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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