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Latest: Asia Stock Market News

Indian Solar Panels Held by US Likely Tied to China Forced Labour
Indian Solar Panels Held by US Likely Tied to China Forced Labour

The detention of Indian solar panels represents a new focus for the CBP, given the agency has largely focused on Chinese suppliers so far

China’s Local Governments Slow to Act on Property Crisis
China’s Local Governments Slow to Act on Property Crisis

Only a small portion of a $42-billion lending scheme announced in May to resuscitate the country's housing sector has been utilized

US And China Expand Contact Between Their Military Chiefs
US And China Expand Contact Between Their Military Chiefs

US Security Adviser Jake Sullivan meets with President Xi after rare meeting with key military officer and others in a bid to ease tensions on a range of thorny issues

Google May Set up a ‘Hyperscale’ Data Centre in Vietnam
China’s Critical Minerals Blockade Risks Global Chip Shortage
Malaysia Tells Social Media Giants They Must Adapt to New Rules
‘Wealthy Nations’ Fossil Fuel Deals Threaten a Global Catastrophe’
Samsung SDI Agrees to $3.5bn EV Battery Plant in US With GM
Beijing Fumes as Canada Slaps 100% Tariffs on China-Made EVs
Chinese Tech Giants Pouring Cash Into AI Processors – FT

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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