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Latest: Asia Stock Market News

Biden Scraps Tariff Exemption, to Protect US Solar Sector
Biden Scraps Tariff Exemption, to Protect US Solar Sector

Biden administration scraps a tariff exemption on solar panels and makes it easier for solar projects to get a subsidy for using locally made products - to protect manufacturers in the US

Microsoft Asks China AI Staff if They Want to Shift Abroad
Microsoft Asks China AI Staff if They Want to Shift Abroad

Hundreds of engineers given the option to relocate overseas as Washington tightens China’s access to advanced US tech and ties have become strained over such issues

Nikkei Lifted by Rates Bets, Hang Seng Gains on Property Boosts
Nikkei Lifted by Rates Bets, Hang Seng Gains on Property Boosts

The odds on rate cuts shortened after the US posted milder-than-feared inflation numbers with tech stocks leading the charge

India Now the World’s Third Biggest Generator of Solar Power
Huawei Mania Heads Beyond China as it Steps up Marketing Blitz
Project Liberty Forms Group to Bid For TikTok’s Operations in US
Chinese Firms Seen Shifting Production Abroad to Avoid US Tariffs
Nikkei Flat as Rates Fears Grip, Tariffs Weigh on China Stocks
China’s ‘White-List’ Makes Little Headway Amid Property Gloom
Chinese Economy Headed to a Dead-End: Scholar – NYT

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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