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Latest: Asia Stock Market News

China Central Bank Vows $14bn to Rebuild Flooded Farm Areas
China Central Bank Vows $14bn to Rebuild Flooded Farm Areas

The PBOC pledged on Tuesday to provide funds to 11 provinces in the south, east, north and southwest, plus farmers, small firms and households

China Outbound Investing Quotas Demand Soars Amid Downturn
China Outbound Investing Quotas Demand Soars Amid Downturn

Chinese investors, faced with the sluggish performance of local assets in a weak economy, are craving higher returns offshore

Firms May Abandon Net-Zero Plans Amid Carbon Offset Uncertainty
Firms May Abandon Net-Zero Plans Amid Carbon Offset Uncertainty

A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals

MSCI Culls Another 60 Chinese Stocks From Its Indexes
Indian Regulator Recalls Competition Probe Reports on Apple
Nikkei Surges on Tech Lift, Hang Seng Ahead Despite China Woes
Record Number of Citizens Leave New Zealand as Economy Slows
Sales of EVs up 21% Worldwide in July, as China Growth Rises
New Hindenburg Report Wipes up to $13 Billion Off Adani Firms
China Says HK Ship Destroyed Baltic Gas Pipeline by Accident

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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