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Latest: Asia Stock Market News

Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’
Local Officials in China Backed Export of ‘Zero-Mileage Used Cars’

Twenty local governments, such as cargo hubs like Guangdong and Sichuan, have supported the export of new cars to boost provincial sales data, 'dumping unsold subsidized cars' abroad

DeepSeek Sharing User Data With China Military, Intelligence: US
DeepSeek Sharing User Data With China Military, Intelligence: US

A senior US official has said that DeepSeek has willingly provided and will likely continue to provide support to China's military and intelligence operations

Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz
Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz

Closing the Strait would spur a big rise in the price of oil, but analysts say shipping and air travel to the Middle East has already been hit and there may be other ways Tehran seeks to strike back against the US.

S Korea to Discuss Concern Over Curbs on Chipmakers in China
Flood of Cheap Chinese EVs in Brazil Sparks a Backlash
Tariff Talks With US Still ‘in a Fog,’ Japan’s Trade Negotiator Says
Software Trial Shows Australia’s Social Media Age Ban Could Work
Apple Keen to Use AI to Design Its Chips, Tech Executive Says
Thai PM Faces Pressure as Major Partner Leaves Ruling Coalition
‘National Emergency’: China’s Antimony Blockade Hits Battery Firms

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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