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Latest: Asia Stock Market News

Indian Carmakers Block EV Import Tax Cut to Prevent Tesla Entry
Indian Carmakers Block EV Import Tax Cut to Prevent Tesla Entry

One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a factory in India

High-Tech Asian Crime Wave: Cyber Scams, Casinos Loot Billions
High-Tech Asian Crime Wave: Cyber Scams, Casinos Loot Billions

Top UN police official warns that criminal gangs are using underground banking systems which have "super-charged" the illicit economy in East Asia

Hang Seng Gains on Policy Bets, Nikkei Flat on Overheating Fears
Hang Seng Gains on Policy Bets, Nikkei Flat on Overheating Fears

China’s stock indexes saw a rollercoaster day, diving to five-year lows before bouncing back while Tokyo traders were in cautious mood after their record run

Red Sea Shipping Disruption May Last ‘at Least a Few Months’
Shein ‘Facing Cybersecurity Review’ in China Ahead of US IPO
Hang Seng Dives as China Growth Disappoints, Nikkei Slips
China Saw 5.2% Growth Last Year, But 2024 Likely to be Tougher
China’s Yuan Topples Dollar as Most Traded Moscow Currency
Red Sea Attacks Pose Billions Worth of Risks for China, India
China’s Economic Slowdown Deters Dreams of Marriage, Children

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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