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Latest: Asia Stock Market News

Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ
Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ

A Ford executive said this week that China’s approval process for rare earth exports was still much slower than what the industry needed

China’s BYD Cuts Back on EV Production, Factory Expansions
China’s BYD Cuts Back on EV Production, Factory Expansions

The world's biggest EV-maker is grappling with rising inventory even after offering deep price cuts in China's cut-throat auto market

China Passes 1 Terawatt of Solar Power, Government Says
China Passes 1 Terawatt of Solar Power, Government Says

Surge of solar output in May sees China pass the 1,000 GW mark, but its record on coal power remains a dark shadow on its impressive energy transition

Floods Swamp Cities in Southwest China, And More Storms Due
Survey Shows Business is Booming in India, Record Export Orders
Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’
DeepSeek Sharing User Data With China Military, Intelligence: US
Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz
S Korea to Discuss Concern Over Curbs on Chipmakers in China
Flood of Cheap Chinese EVs in Brazil Sparks a Backlash

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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