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Latest: Asia Stock Market News

Underwater Drone Deal as Australia Ramps up Maritime Defences
Underwater Drone Deal as Australia Ramps up Maritime Defences

German AI defence group Helsing to acquire Australian underwater drone maker, as Western nations expand maritime defence systems

Gold Nears $4,000 an Oz on Trade Tension, Economic Uncertainty
Gold Nears $4,000 an Oz on Trade Tension, Economic Uncertainty

Gold has risen 51% this year on central bank buying, rising demand from exchange-traded funds, a weaker dollar and investors keen to hedge amid geopolitical tensions

China’s BYD Sees Sales in the UK Jump by 880% – BBC
China’s BYD Sees Sales in the UK Jump by 880% – BBC

Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China

China Bought $40bn Advanced Chip Tools Despite Curbs: US Lawmakers
Renewables Top Coal Power for First Time in First Half of 2025
India Plans Countrywide Climate Insurance Amid $180bn Losses
AI Data Centres Spark Fears on Memory Storage Devices – TH
Eli Lilly Plans $1bn+ Boost of Manufacturing Capacity in India
Nikkei Soars, Yen Sinks After Takaichi Picked as Japanese PM
China’s ‘Tech Economy’ Outshining Its Cloudy Growth Outlook

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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