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Latest: Asia Stock Market News

India, US, Saudi, EU Sign Ports Deal To Counter China Amid G20
India, US, Saudi, EU Sign Ports Deal To Counter China Amid G20

The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade from the Gulf to Europe

Modi-Biden ‘Affirm’ Tech, Defence Ties Ahead of India G20 Summit
Modi-Biden ‘Affirm’ Tech, Defence Ties Ahead of India G20 Summit

While India and the US are not formal treaty-bound allies, Washington wants New Delhi to be a strategic counterweight to China

Threat of More Chip Curbs Spurs Warnings on China Innovation
Threat of More Chip Curbs Spurs Warnings on China Innovation

The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation

New Huawei Phone Made With ‘50% More Homegrown Chip Parts’
Yuan Dives to Lowest Level in 16 Years as Recovery Wanes
China’s Ban on iPhone Use Expands to Local and State Entities
Nikkei Dips on iPhone Ban Fallout Fears, Storm Shuts Hang Seng
Hong Kong Shuts Down After Heaviest Rain on Record
China Rare Earth Prices Soar on Myanmar Mine Closures
Key US Lawmaker Wants End to Chip Exports to Huawei, SMIC

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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