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Latest: Asia Stock Market News

Nikkei Soars, Yen Sinks After Takaichi Picked as Japanese PM
Nikkei Soars, Yen Sinks After Takaichi Picked as Japanese PM

The selection of Sanae Takaichi as Japan's new leader spurred a jump in the Nikkei, and the yen to fall, as she's been a fan of stimulus policies imposed by Shinzo Abe

China’s ‘Tech Economy’ Outshining Its Cloudy Growth Outlook
China’s ‘Tech Economy’ Outshining Its Cloudy Growth Outlook

While China's economy is slowing down, some sectors favoured by the party leadership are enjoying lavish government support

Indian Central Bank to Ease Foreign Borrowing Rules for Firms
Indian Central Bank to Ease Foreign Borrowing Rules for Firms

The RBI proposal allows firms to raise up to $1 billion or 300% of net worth, instead of its earlier $1.5 billion cap and specific approval for larger sums.

Indonesia Suspends TikTok Registration ‘For Data Sharing Failures’
After 5-Year Freeze, India and China Set to Restart Direct Flights
Donald Trump Jr Buoys Enthusiasm at Singapore’s Big Crypto Meet
China Ditching European Telecom Tech, EU Slow to Respond: FT
Samsung, SK Hynix Building ‘Stargate Korea’ Using Open AI
Taiwan Shoots Down US Push For 50-50 Chip Production Deal
Trump’s Tariffs Spurring a Rush for New Trade Agreements

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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