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Latest: Asia Stock Market News

China Expecting Record Rise in Solar Power Capacity This Year
China Expecting Record Rise in Solar Power Capacity This Year

Despite the record growth outlook, the country is likely to face several challenges in costs and trade of its solar-power equipment

Asian Currencies, Stocks Drop as Dollar Firms on US CPI Data
Asian Currencies, Stocks Drop as Dollar Firms on US CPI Data

Equities fell in most Asian markets and currencies were hit Wednesday, after the dollar firmed on sticky US inflation data, which cemented fears of more rate hikes by the Fed

Tesla to Open US Charging Network to Rivals: White House
Tesla to Open US Charging Network to Rivals: White House

EV maker will open 3,500 new and existing superchargers on highways, and 4,000 slower chargers at places like hotels and restaurants, to non-Tesla customers by the end of 2024 in federal deal

TSMC Shares Fall as Buffett-Backed Berkshire Dumps Stake
Japan to Splash $1.6bn on 500 Tomahawk Missiles – Nikkei
Asian Markets Follow Wall Street’s Hopes of Inflation Easing
Vietnamese Fret Over US Xinjiang Law Risk to Solar Panel Trade
BYD to Build $1.2 Billion EV Battery Plant in Zhengzhou
US Rejects China’s Balloon Claim as Diplomats Consider Talks
India’s Adani Bids to Reassure Investors as Rout Continues

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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