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Latest: Asia Stock Market News

Tesla’s China-Made EV Sales Slump For Eighth Consecutive Month
Tesla’s China-Made EV Sales Slump For Eighth Consecutive Month

Tesla's EV sales also continued to plummet across much of Europe last month, as its aging model lineup and CEO Elon Musk's political activities deterred buyers

Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’
Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’

The trade war truce negotiated in Geneva is hanging by a thread, amid reports that China reneged on its agreement to ease export controls imposed on critical minerals.

Carmakers Stressed by China’s Curbs on Critical Mineral Exports
Carmakers Stressed by China’s Curbs on Critical Mineral Exports

China's decision to suspend exports of critical minerals and magnets has upended supply chains to carmakers, aerospace manufacturers, chip firms and military contractors

US Wants Vietnam To Cut Trade With China As Part Of Tariff Deal
North Korean Phone Appears to Monitor User’s Activity – BBC
China’s Intense EV Price War Taking a Toll on Car Dealers
Factory Activity in China Slumps to Lowest in Nearly Three Years
Carbon Removals Not Growing Fast Enough For Climate Goals – NS
China Happy With US Restrictions on Its Students, Democrat Says
Nikkei, Hang Seng, Dollar Hit by Steel Tariffs, China-US Tensions

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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