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Latest: Asia Stock Market News

India’s Current Account Deficit Narrows as Trade Improves
India’s Current Account Deficit Narrows as Trade Improves

The Reserve Bank of India said the country's current account deficit stood at $1.3 billion or 0.2% of GDP in January to March, the fourth quarter of 2022/23 fiscal year

How Samsung Exec ‘Stole $200m Chip Secrets’ for Foxconn China Fab
How Samsung Exec ‘Stole $200m Chip Secrets’ for Foxconn China Fab

Prosecutors say 65-year-old Choi Jinseog, once hailed as a star in Korea's chip industry, tapped Samsung’s supplier network to steal information on factory layouts, cleanroom management

Chinese State Banks Selling Dollars to Slow Currency’s Decline
Chinese State Banks Selling Dollars to Slow Currency’s Decline

The yuan has slid more than 4% against the dollar so far this year, while policymakers in Japan are also considering their options to fix the yen's rapid and one-sided plunge

Thailand’s Pita Says ‘Enough’ Senators Will Back Him to be PM
Hang Seng Rallies on Property Hopes, Tech Drags on Nikkei
Berkshire Shrinks BYD Stake Again With $86.3 Million Sale
Yield Curve Call Sparks BOJ Policy Doubts as Yen Struggles
Private Equity Deals at 4-Year Low, Hit by Rate Hikes, Slowdown
Japan Military to Adopt Musk’s Starlink Satellites by Next Year
Nikkei Slips on Tech Dip, Hang Seng Slides on Tourism Data

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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