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Latest: Asia Stock Market News

Shanghai Regulator Reassessing Stance on Stablecoins, Crypto
Shanghai Regulator Reassessing Stance on Stablecoins, Crypto

E-commerce giants are urging the central bank to authorise yuan-based stablecoins to counter the sway of US dollar-linked cryptocurrencies, but the PBOC fears it will be a huge regulatory challenge

Boom in Electric Truck Sales Cuts Demand for Diesel in China
Boom in Electric Truck Sales Cuts Demand for Diesel in China

Sales of trucks that run on new energy are reported to have soared by 175% in the first half of this year

Bridge to Nepal Washed Away as Flash Floods Rock China
Bridge to Nepal Washed Away as Flash Floods Rock China

Dozens are missing after the bridge between China and Nepal was washed away by a dramatic flood, while more than 10,000 were evacuated after deluges in southwestern China

Shares of China’s Solar Firms Jump Amid Moves to End Price War
Vietnam to Ramp up Inspection of Chinese Goods After Trump Deal
BYD to Take ‘Full Responsibility’ For Smart Parking Accidents
China Boosts Social Security as Trade Rows Hit Economy, Jobs
Price of Copper Soars After Trump’s 50% Tariff Threat
Climate Chaos ‘Could Disrupt Half of Global Chipmaking by 2050’
Japan, South Korea Desperate to Reduce 25% Tariff by August

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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