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Latest: Asia Stock Market News

World Backs COP28 Deal to Reduce Use of Fossil Fuels
World Backs COP28 Deal to Reduce Use of Fossil Fuels

The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global agreement that promises an eventual end to the use of oil and coal

Huawei Eyes Western Backing for EV Firm as Sanctions Safeguard
Huawei Eyes Western Backing for EV Firm as Sanctions Safeguard

The move by Huawei comes as global automakers in China increasingly seek to partner with Chinese carmakers

China’s Leaders Meet to Set Growth, Stimulus Target for 2024
China’s Leaders Meet to Set Growth, Stimulus Target for 2024

The closed-door annual meeting is closely watched by investors looking to gauge China’s policy and reform agenda

COP Battle Over ‘Weak’ Draft, Row Over Ending Fossil Fuels
India Leaps Hong Kong in World’s Top Stock Market List – CNBC
China’s Wanda in Deal With Investors to Avoid $4bn Repayment
Hang Seng Rallies on Stimulus Hopes, BoJ Bets Lift Nikkei
China Firms Rush to Poach Nvidia Clients With AI Chip Offerings
TikTok Back in Indonesian E-Commerce Via GoTo-Tokopedia Deal
US Puts More Chinese Officials, Firms on Xinjiang Sanctions List

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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