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Latest: Asia Stock Market News

Share Sale by China’s Xiaomi Raises $5.5bn, Boosts Its EV Plans
Share Sale by China’s Xiaomi Raises $5.5bn, Boosts Its EV Plans

Popular support saw a share sale by the Chinese company ramped up and ended with the firm raising $5.5 billion, it said on Tuesday.

China Releases Mintz Employees Amid Push to Lure Foreign Cash
China Releases Mintz Employees Amid Push to Lure Foreign Cash

With foreign investment down 27% last year, Chinese authorities sought to lift concerns by releasing five local staff of Mintz nabbed two years ago in a raid that turned out to be the start of a crackdown on consultants and due diligence firms

US Port Fee Proposal Intensifies US-China Trade Fears
US Port Fee Proposal Intensifies US-China Trade Fears

Serious opposition to Trump's port docking fees plan could see it drastically altered, while BlackRock's takeover of CK Hutchison is also likely to be chopped in half, analysts say

US Investors in ByteDance ‘Most Likely to Win Control of TikTok’
Chinese PM Calls for Open Markets to ‘Fight Instability, Uncertainty’
Musk Visits Pentagon, But Trump Denies ‘China War Plan Briefing’
Investors Not Happy as Indonesia Eases Limits in Military Law
India Ends Manufacturing Scheme, Focuses on Slashing Tariffs
Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT
Vietnam to Allow 49% Foreign Ownership of Some Private 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