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Latest: Asia Stock Market News

US May Hike Tariffs on Chinese EVs, Other Goods – WSJ
US May Hike Tariffs on Chinese EVs, Other Goods – WSJ

US lawmakers discussed raising tariffs on Chinese EVs amid reports that Chinese carmakers plan to build factories in Mexico and export cheap vehicles across the border

China Holds Firm on Rates But Deflation Worries Weigh
China Holds Firm on Rates But Deflation Worries Weigh

Market watchers got what they expected but still predict Beijing will deliver some easing in the new year in a bid to kickstart China’s economy

‘Cheaper The Better’ Calls Harden China Deflation Battle
‘Cheaper The Better’ Calls Harden China Deflation Battle

Growing demand for cheaper products and services and the advent of a new breed of discount stores is threatening to embed deflation more permanently into the Chinese economy

Chinese Car Exports to EU Seen Hit by Red Sea Ship Attacks
Nikkei Boosted by Steadfast BoJ, Tech Drives Hang Seng Up
Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units
Another 13 Chinese Companies Added to US ‘Unverified List’
Toshiba Delists as New Owners Told to Eye ‘Deep Tech’ Future
Hyundai Motor to Sell Russian Plant at $219 Million Loss
Singapore Firm Taps AI to Cut Critical Mineral Mining Costs

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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