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Latest: Asia Stock Market News

Samsung Chip Output At Risk as Workers Announce All-Out Strike
Samsung Chip Output At Risk as Workers Announce All-Out Strike

Any larger scale or protracted industrial action would be a headache for Samsung as it scrambles to catch up with rivals in chips used for artificial intelligence

China Lawmakers Finishing Law to Set up Financial Stability Fund
China Lawmakers Finishing Law to Set up Financial Stability Fund

Beijing is working to fill a gap in its regulatory framework - on a law that will establish a fund to rescue troubled financial institutions

Indonesia Plans up to 200% Tariffs on Chinese Goods – Antara
Indonesia Plans up to 200% Tariffs on Chinese Goods – Antara

Trade minister says tariffs of 100-200% would be imposed on Chinese imports, from footwear to ceramics, as the government wanted to ensure local "industries will survive and thrive."

Global Banks Slash Investment Units in China Amid Slowdown – FT
Japanese ‘Insurers to Sell $3.1 Billion of Honda Shares’
US Ban on Investment Not Good For AI Sector, China Says
US Law Firm Dechert May Shut Offices in Hong Kong, Beijing
China Stops Releasing Data Showing Lower Solar Power Utilisation
Chinese Military Scandal Seen Delaying Conflict in Taiwan, SC Sea
China’s New Rare Earth Rules Seek Product Traceability Details

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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