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Latest: Asia Stock Market News

Nikkei at New Record High as Asian Markets See More Gains
Nikkei at New Record High as Asian Markets See More Gains

Japanese stocks rose further to an all-time peak on Tuesday, while markets across Asia were also up

India Spurns Russian Oil to Seal US Deal Amid Brewing Protests
India Spurns Russian Oil to Seal US Deal Amid Brewing Protests

India’s three biggest oil refiners Indian Oil, Bharat Petroleum and Reliance Industries are not accepting offers from traders for Russian oil loading in March and April

Anutin’s BJT Wins a Nationalist Election Victory in Thailand
Anutin’s BJT Wins a Nationalist Election Victory in Thailand

The pro-military Bhum Jai Thai Party dominated the latest poll, and its leaders are now assessing who will partner them in the new coalition, and how to rev up the economy

Japanese Stocks Soar After Takaichi’s Landslide Poll Win
Australia and EU Eyeing Next Trade Deal, Maybe This Month
China, US Opt Out of Global Pledge on AI Use in Military Domain
‘Software-Mageddon’ Wipes $23 Billion Off Indian IT Shares
Anthropic’s New Tools Show AI Risk to Indian IT Services Revenues
Xi Urges Trump to be ‘Prudent’ in Dealings With Taiwan
TSMC Says Second $17bn Plant in Japan Will Make 3nm Chips

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Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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