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Latest: Asia Stock Market News

Prabowo Central Bank Move Sends Indonesian Rupiah to New Low
Prabowo Central Bank Move Sends Indonesian Rupiah to New Low

President's decision to nominate his nephew as a governor of Bank Indonesia has raised concerns about the central bank's independence

Reserve Bank of India ‘Proposes Linking Digital Currencies of BRICS’
Reserve Bank of India ‘Proposes Linking Digital Currencies of BRICS’

The move could irritate US President Donald Trump, who has threatened to impose 100% tariffs on any BRICS nation that tries to bypass the dollar

Canada’s Green Light For Chinese EVs Could Give Tesla a Lift
Canada’s Green Light For Chinese EVs Could Give Tesla a Lift

Canada will allow up to 49,000 vehicles to be imported annually from China with a tariff of 6.1%. PM Mark Carney said the quota could rise to 70,000 vehicles within 5 years

Japanese PM Takaichi to Call Feb 8 Poll on Spending, Defence
Markets Rocked by Trump Tariff Threats to EU Over Greenland
Chips, AI Take Centre Stage in Taiwan’s ‘Win-Win’ US Tariff Deal
Thai Construction Giant Rocked by Repeated Fatal Accidents
Cybercrimes Now Reaping Trillions of Dollars a Year, UNODC Says
China to Spend $574 Billion on Power Grids Amid Renewables Push
4.7m Teen Accounts Blocked by Australia’s Social Media Ban

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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