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Latest: Asia Stock Market News

Apple to Resist Indian Order to Preload State-Run App on Phones
Apple to Resist Indian Order to Preload State-Run App on Phones

India's move has sparked widespread concerns on state surveillance, with critics, privacy advocates and political opponents saying the app is a way for the Modi government to get access to 730 million smartphones

Indonesians Blame Deforestation For Floods, Landslides; 700 Dead
Indonesians Blame Deforestation For Floods, Landslides; 700 Dead

Villagers and environmental groups say deforestation and extractive industries made impacts of a tropical storm far worse on Sumatra Island.

China Flooding the World With Gasoline Cars, Far More Than EVs
China Flooding the World With Gasoline Cars, Far More Than EVs

Fossil-fuel vehicles made up 75% of Chinese auto exports since 2020, and annual shipments could top 6 million this year, amid huge overcapacity at home

China Launches First Lot of Simpler Rare Earth Export Licences
Ex-Chinese Worker ‘Key’ to Korea’s Worst Data Breach in Decade
China’s Military Suppliers Hit by Corruption Purge, Report Says
Toll From Floods, Cyclones in Sri Lanka, Southeast Asia Tops 1,130
Nexperia Row With Chinese Parent Worsens Amid Chip Supply Pain
Hong Kong Towers’ Fire Alarms ‘Didn’t Work Properly,’ Toll 128
Vietnam’s 5G Deals With Huawei, ZTE Raise US Concerns

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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