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Latest: Asia Stock Market News

US Customs Crackdown Seen Delaying Shein, Temu Products
US Customs Crackdown Seen Delaying Shein, Temu Products

Political factors may be involved in the crackdown, which comes as over a billion packages, averaging around $50 in value, are forecast to arrive in the US this year

China Plans New Way to Measure Products’ Carbon Footprint
China Plans New Way to Measure Products’ Carbon Footprint

'Carbon footprint management system' comes amid trade tensions with the EU and countries that may impose carbon border taxes. It will focus first on exports like steel, EVs and batteries

Nikkei, Hang Seng Edge Down as India Markets Stage Recovery
Nikkei, Hang Seng Edge Down as India Markets Stage Recovery

Focus in the region was on how Indian markets performed after stocks sank and the rupee slid a day before

Myanmar Arresting People Selling Condos in Thailand – Irrawaddy
China’s AI Chip Firms Downgrade Designs to Keep Access to TSMC
Chinese Clients Ditching PwC After China Evergrande Fiasco
India Markets Plunge as Modi Falls Short of Landslide Win
Indian Shares Fall While Hang Seng Rises, Asia Markets Dip
China Turns on World’s Biggest Solar Farm in Western Desert
China’s Property Debts Seen Weighing Down Economy for Years

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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