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Latest: Asia Stock Market News

Air Cargo From China to US Sinks After End of Tax Loophole
Air Cargo From China to US Sinks After End of Tax Loophole

Closure of the 'de minimus' loophole on small parcels has led to a double-digit drop in the amount of air cargo being flown from Asia to the United States

Indonesia to Sign $34 Billion Pact With US Ahead of Tariff Deadline
Indonesia to Sign $34 Billion Pact With US Ahead of Tariff Deadline

Jakarta will sign a pact worth $34 billion with business partners next week to boost purchases from the United States in a bid to avoid 32% tariffs on its exports

US Lifts Bans on Chip Software, Ethane, As China Truce Holds
US Lifts Bans on Chip Software, Ethane, As China Truce Holds

The US has lifted bans on chip design software developers and ethane exports to China in a sign that the trade war with Beijing has eased

China Fears Negative Impacts of US Trade Pact With Vietnam
India Renewable Power Output Jumps, Coal Use Falls in First Half
Japan’s PM Defends National Interest as Trump Ramps up Threats
China’s Criticism of Price Wars Sheds Light on Xi’s ‘Waning’ Power
Judge Says China’s Huawei Must Face Trial on Iran Dealings
Users of Ex-China Rare Earth Magnets Paying Top Prices
Chinese Chip Firms Say US Curbs Will Help Them, Plan Big IPOs

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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