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Latest: Asia Stock Market News

US Research Group Sues Japan’s Chip Materials Maker JSR
US Research Group Sues Japan’s Chip Materials Maker JSR

A research body linked to a New York university has accused a JSR subsidiary of commercialising its technology without permission. JSR makes photoresists, which are chemicals used in chipmaking

China Markets Hit 6-Year Lows, Nikkei Follows Wall St Rally
China Markets Hit 6-Year Lows, Nikkei Follows Wall St Rally

Investors have not been won over by Beijing’s piecemeal stimulus efforts while Japan’s rise continued unabated

Missing Banker Bao Fan Resigns From China Renaissance – CNN
Missing Banker Bao Fan Resigns From China Renaissance – CNN

China Renaissance filed a report to the Hong Kong stock exchange on Friday that said Bao Fan would step down immediately as chairman and CEO for "health reasons"

Asian Rivals Posing a Challenge to Apple’s iPhone Sales in China
China Asks Local Governments Not to Use Tech Funds to Pay Debt
China Carmakers ‘Must Ensure Parts Not Made by Forced Labour’
Trump Eyes 60% China Tariffs, Sparks New Trade War Fears – WP
Hang Seng Rallies on Policy Bets, Nikkei Slips on Fed Warnings
Raimondo Says Chinese EVs Are a National Security Risk For US, EU
Red Sea Crisis Likely to Drag on For Some Time: Shipping Chief

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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