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Latest: Asia Stock Market News

Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP
Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP

The collapse of a tailings dam at a mine in Zambia run by Sino Metals led to a torrent of toxic material flowing into the Kafue river, creating an environmental disaster

India’s Modi Joins Xi-Putin Push For Global South-Led World Order
India’s Modi Joins Xi-Putin Push For Global South-Led World Order

Modi’s return to a ‘partnership’ with once-bitter rival China could see him joining Xi and Putin’s long-running push to rewrite the world order in favour of the ‘Global South’

India to Overhaul its GST, Slash Levies on Small Cars, Electronics
India to Overhaul its GST, Slash Levies on Small Cars, Electronics

Delhi finalising large cuts to consumption tax on 175 products, from hybrid cars to consumer electronics to ease the likely fall in exports to the US and lift consumption, sources say

Prabowo Cuts Lawmakers’ Benefits After Riots in Indonesia
Indian Billionaire Ambani Plans Huge Reliance Jio IPO in Mid-2026
Top Court Dismisses Thai PM Paetongtarn for Ethical Breaches
Putin Seen Seeking More Help From Xi to Curb Russian Trade Fall
Japan Wants Issues Sorted Before Trade Rep Seals Big Tariff Deal
India’s Modi ‘Avoiding Trump’s Phone Calls’ As Tariffs Hit: Reports
Three People Charged in Taiwan for Theft of TSMC Chip Secrets

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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