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Latest: Asia Stock Market News

Trump’s H-1B Visa Chaos To Create ‘New World Order’ On Services
Trump’s H-1B Visa Chaos To Create ‘New World Order’ On Services

Trump's $100,000 fee for new H-1B visas could push American firms to increase their AI use, while also setting up offshore offices for more of their operations, specifically in India, Canada and Mexico

Trump Likely to Approve TikTok Takeover This Week – WSJ
Trump Likely to Approve TikTok Takeover This Week – WSJ

Trump is expected to announce the takeover of TikTok in the US this week, with confirmation that the app's algorithm is "secured, retrained and operated in the US"

US Tariffs Could Cost Vietnam $25 Billion, UNDP Says
US Tariffs Could Cost Vietnam $25 Billion, UNDP Says

No country in Southeast Asia is more exposed to US tariff hikes than Vietnam, only China would be hit harder, a UNDP rep said

US Investment Demands Could Spur Financial Crisis: SKorea’s Lee
Xi Stalls on TikTok Deal, But Agrees to Meet at APEC in Seoul
Thais Keen to Cut ‘Grey Money’, Gold Seen Lifting the Baht
China’s Policies Have Pushed Its Auto Industry Near to Collapse
Huang Voices Disappointment After China Bans Nvidia’s AI Chips
China Says TikTok Framework Agreement is a ‘Win-Win’ Deal
India, US To Hold Talks Amid Heated Rhetoric From Washington

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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