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Latest: Asia Stock Market News

Akio Toyoda Re-Elected Toyota Chairman Amid Safety Test Scandal
Akio Toyoda Re-Elected Toyota Chairman Amid Safety Test Scandal

Concerns over governance and the board's independence have fuelled unrest against Toyoda, and any big drop in his shareholder support could spur action on reforms

Vietnam’s Internet Cables ‘Down’, Days Before Putin Visit
Vietnam’s Internet Cables ‘Down’, Days Before Putin Visit

Cable outage reports raise eyebrows because Russian President Vladimir Putin is due to visit Hanoi this week – news that drew a sharp rebuke from US officials

Xi Claimed That ‘The US Wants China to Invade Taiwan’ – FT
Xi Claimed That ‘The US Wants China to Invade Taiwan’ – FT

Chinese leader allegedly told European president that Washington was trying to trick Beijing into attacking Taiwan

Chinese PM’s Australian Tour Highlights Critical Minerals Race
Buffett Sells Another $40 Million of Shares in China’s BYD
Nikkei Slips Below 38,000; Weak China Data Drags Hang Seng
US House Backs Ban on Drones Made by China’s DJI – TH
China’s Probe Into EU Pork ‘Dumping’ Seen as Trade Retaliation
Brazil Set to Challenge China’s Stranglehold on Rare Earths
Weak Factory, Property Data Highlights China’s Uneven Recovery

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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