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Latest: Asia Stock Market News

US Set For ‘Substantial’ India Investments to Boost Tech Ties
US Set For ‘Substantial’ India Investments to Boost Tech Ties

Commerce Secretary Gina Raimondo said India could key become a key electronics supplier to the US, while adding that Washington was not seeking a "technological decoupling" from China

ASML Suppliers Plan to Cut China Exposure As Chip War Heats Up
ASML Suppliers Plan to Cut China Exposure As Chip War Heats Up

The development follows the Dutch government’s announcement that it would restrict exports of critical chipmaking technology to protect national security

Xi’s Remarks on CATL ‘a Warning to Chinese EV Battery Makers’
Xi’s Remarks on CATL ‘a Warning to Chinese EV Battery Makers’

Xi Jinping’s comment that he was “both pleased and concerned” about CATL’s EV battery market dominance has prompted industry executives to brace for government scrutiny

Uncertainty Haunts ASML’s China Customers on New Export Curbs
Apple, Foxconn Spur Landmark Labour Reforms in Indian State
Asia Shares Slump on China Recovery Fears, US Banking Worries
Xi Clinches Unprecedented Third Term as China’s President
Silvergate Capital Shutdown Sparks Crypto Stocks Slide
Japan Lawmakers Rubber-Stamp Ueda as Next BOJ Governor
India Push to Settle Global Trade in Rupees ‘Not Without Risks’

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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