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Latest: Asia Stock Market News

India Scraps Order Mandating State-Run App on Smartphones
India Scraps Order Mandating State-Run App on Smartphones

The order led to a widespread outcry from users, critics, activists and political rivals who said the app could become a state surveillance tool in the world’s most populous nation

China, HK Stocks Fall on Property Woes, Slow Services Growth
China, HK Stocks Fall on Property Woes, Slow Services Growth

The Hang Seng fell 1.3% and China stocks were down; while the Nikkei and other Asian markets were buoyed by rises on Wall Street.

Apple to Resist Indian Order to Preload State-Run App on Phones
Apple to Resist Indian Order to Preload State-Run App on Phones

India's move has sparked widespread concerns on state surveillance, with critics, privacy advocates and political opponents saying the app is a way for the Modi government to get access to 730 million smartphones

Indonesians Blame Deforestation For Floods, Landslides; 700 Dead
China Flooding the World With Gasoline Cars, Far More Than EVs
China Launches First Lot of Simpler Rare Earth Export Licences
Ex-Chinese Worker ‘Key’ to Korea’s Worst Data Breach in Decade
China’s Military Suppliers Hit by Corruption Purge, Report Says
Toll From Floods, Cyclones in Sri Lanka, Southeast Asia Tops 1,130
Nexperia Row With Chinese Parent Worsens Amid Chip Supply Pain

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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