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Latest: Asia Stock Market News

Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’
Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’

Truong My Lan lost her appeal against the death sentence for a $12bn bank fraud, but she could save her life if she returns most of the embezzled assets

China Hits Back at US Bans, Halts Export of Key Chip Materials
China Hits Back at US Bans, Halts Export of Key Chip Materials

The Commerce Ministry in Beijing announced an immediate halt on Tuesday to exports of gallium, germanium, antimony and superhard materials to the US

Trump’s 100% Tariffs Warning to BRICS Rattles Asian Currencies
Trump’s 100% Tariffs Warning to BRICS Rattles Asian Currencies

"They can go find another sucker," Trump said in a social media post, responding to efforts by the BRICS group of countries to build a currency alternative to the dollar

Vietnam to Build High-Speed North-South Rail Link – BT
China Chip Sector Faces a Third Wave of US Export Curbs
Saudi, Oil Producing States Block Hopes for UN Plastics Treaty
Asian Steelmakers Failing on Shift to Renewables, Survey Finds
Chinese Ship Suspected of Dragging Anchor to Cut Baltic Cables
Australian Law Bans Social Media for Children Under 16
Ruble Plunges After US Sanctions GPB, Dozens of Russian Banks

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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