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Latest: Asia Stock Market News

US Lowers Japan Auto Tariffs But Some Carmakers Will Still Hurt
US Lowers Japan Auto Tariffs But Some Carmakers Will Still Hurt

As Tokyo and Washington finally formalise a trade deal with lower tariffs, many smaller Japanese carmakers are unlikely to get much relief from the pinch of six times higher levies

Japan and US ‘Finalising Deal on Lower Auto Tariffs, Other Issues’
Japan and US ‘Finalising Deal on Lower Auto Tariffs, Other Issues’

Allies close to a contract that will lower car tariffs to 15%, while expanding US rice imports and purchases of US-made aircraft, source says

China Markets Sink on Tech Selloff, Talk of Regulatory Curbs
China Markets Sink on Tech Selloff, Talk of Regulatory Curbs

China's blue-chip index fell the most in nearly five months with Shanghai stocks down more than 1.3% and the Hang Seng also sinking over 1%

India Now Aiming To Finalise Trade Deal With US By November
Shell Companies Are ‘Getaway Cars,’ Dirty Money Watchdog Says
Trump Will Ask Supreme Court to Allow Tariffs After Legal Setback
US Ends Chip Waiver For TSMC To Supply Its Chinese Fabs
BYD Cuts Production 2 Months In A Row For First Time In 5 Years
Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP
India’s Modi Joins Xi-Putin Push For Global South-Led World Order

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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