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Latest: Asia Stock Market News

Chinese Economy Slips in 2nd Quarter, But Exports Seen Falling
Chinese Economy Slips in 2nd Quarter, But Exports Seen Falling

China's GDP grew 5.2% in the April-June quarter from 2024, thanks mainly to industrial output, which is expected to drop in the second half

China’s BYD, Chery Tangled in $53 Million Improper Subsidy Case
China’s BYD, Chery Tangled in $53 Million Improper Subsidy Case

The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly

China Firms Race Out Exports to Beat Trump’s Big Tariff Deadline
China Firms Race Out Exports to Beat Trump’s Big Tariff Deadline

China saw a big trade surplus in June, but analysts predict a second half slump. They say its unlikely the US will cut tariffs to levels that allow producers to turn a profit

South Korea, India and EU Scramble to Avoid 20-30% US Tariffs
Nvidia’s Huang Says China’s Military ‘Can’t Rely on US Tech’
Rubio Meets Wang in KL, Says Good Chance of Trump-Xi Talks
Tesla Set to Open Showroom in Mumbai, India, Early Next Week
Shanghai Regulator Reassessing Stance on Stablecoins, Crypto
Boom in Electric Truck Sales Cuts Demand for Diesel in China
Bridge to Nepal Washed Away as Flash Floods Rock China

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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