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Latest: Asia Stock Market News

Hang Seng Sinks, Nikkei Jumps as Investors Bet on Trump Trades
Hang Seng Sinks, Nikkei Jumps as Investors Bet on Trump Trades

Stocks in Hong Kong and currencies across Asia took sharp hits over Trump’s comeback but tech shares in Japan and India jumped

Trump Will Have Big Impacts on Trade, Climate Change, EVs
Trump Will Have Big Impacts on Trade, Climate Change, EVs

US trade with China, the fight against global warming and the war in Ukraine will face major changes once Trump takes office. He may also dramatically alter the federal government

China Facing More Trade Rivalry as Trump Claims Poll Win
China Facing More Trade Rivalry as Trump Claims Poll Win

Chinese strategists expect fiery rhetoric and tariffs from Trump, but some say his isolationist foreign policy could help Beijing boost its global heft

US Election: China’s Export Stocks, Yuan May Fall if Trump Wins
China Sues EU Over EV Tariffs But Trade War Unlikely
Meta Hit With $15m Fine From South Korean Data Watchdog
US Chipmaker Fined $500,000 for Chips Sent to China – NYT
BYD Rides High After Tesla Sales Takeover and Bumper October
Asian Car, Tech Giants Racing to Develop Solid State Batteries
Chinese Solar Firms Shift Bases in SE Asia to Avoid US Tariffs

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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