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Latest: Asia Stock Market News

Scam Centre’s Abduction of Chinese Actor a Blow For Thai Tourism
Scam Centre’s Abduction of Chinese Actor a Blow For Thai Tourism

Rescue of little-known actor gets widespread publicity in China, which has led to tour groups cancelling Lunar New Year trips

China Fumes as TSMC Begins Producing 4nm Chips in US
China Fumes as TSMC Begins Producing 4nm Chips in US

Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains

TikTok Could Face Ban in US After Bad Day in Court – GZero
TikTok Could Face Ban in US After Bad Day in Court – GZero

US court appears to see control of the app as the key issue in the case, and a top analyst says the world is entering a dangerous phase as US-China ties 'decouple'

Biden Restricts Access to AI Chips to US Firms And Its Allies
US Probe Shows China Unfairly Dominates Shipbuilding: Sources
New US Sanctions ‘Will Cut Russian Oil Shipped to China, India’
TikTok Ban: Supreme Court Case Begins, Billionaire Bids For App
US to Finalise Rules Against Chinese Cars, Software Next Week
Huge Global Inflows to Money Market Funds on Tariffs Caution
US Trade Deficit With Vietnam Tops $110 Billion as Dong Weakens

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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