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Latest: Asia Stock Market News

India Now the World’s Third Biggest Generator of Solar Power
India Now the World’s Third Biggest Generator of Solar Power

India is making bigger strides towards its goal of net-zero greenhouse gas emissions. In 2023 it became the world's third largest generator of solar energy, behind only China and the US

Huawei Mania Heads Beyond China as it Steps up Marketing Blitz
Huawei Mania Heads Beyond China as it Steps up Marketing Blitz

The smartphone-maker is expanding its reach, after four years of damage from US sanctions, backed by flashy showrooms, premium products and an army of distributors

Project Liberty Forms Group to Bid For TikTok’s Operations in US
Project Liberty Forms Group to Bid For TikTok’s Operations in US

US billionaire Frank McCourt's non-profit says it is working with Guggenheim Securities, Kirkland & Ellis, plus others to migrate TikTok to a digital open-source site

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
AI Hitting Job Markets Like a ‘Tsunami’, Says IMF Chief
Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips
Nikkei Gains on US Inflation Hopes, Tariffs Weigh on Hang Seng

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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