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Latest: Asia Stock Market News

Australian Government Sues China-Linked Rare Earth Investors
Australian Government Sues China-Linked Rare Earth Investors

The fight for control of a rare earths miner has taken a twist with government suing a China-linked firm over an alleged breach of foreign investment laws

Vietnam Eyes Framework Trade Deal With US by Tariff Deadline
Vietnam Eyes Framework Trade Deal With US by Tariff Deadline

PM anticipates a trade deal with the US to be agreed upon by early July, before the Trump administration's pause on 46% reciprocal tariffs on Vietnamese exports ends

Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ
Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ

A Ford executive said this week that China’s approval process for rare earth exports was still much slower than what the industry needed

China’s BYD Cuts Back on EV Production, Factory Expansions
China Passes 1 Terawatt of Solar Power, Government Says
Floods Swamp Cities in Southwest China, And More Storms Due
Survey Shows Business is Booming in India, Record Export Orders
Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’
DeepSeek Sharing User Data With China Military, Intelligence: US
Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz

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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