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Latest: Asia Stock Market News

Kadokawa Shares Soar on News Sony Wants to Buy Gamemaker
Kadokawa Shares Soar on News Sony Wants to Buy Gamemaker

Shares of Japanese gamemaker Kadokawa were up 23% on Tuesday on news Sony is in talks to buy the company behind the 'Elden Ring' and other popular games

Retaliatory Trade Tariffs Could Backfire on Asia, IMF Warns
Retaliatory Trade Tariffs Could Backfire on Asia, IMF Warns

Asia is "witnessing a period of important transition", creating uncertainty and "acute risk" from escalating trade tensions, a top IMF official said

India Tells Meta to Stop Sharing WhatsApp Data, Group to Appeal
India Tells Meta to Stop Sharing WhatsApp Data, Group to Appeal

Meta said on Tuesday it will appeal the order that restricts the it from sharing data for advertising between WhatsApp and its other apps

G20 Countries Reach ‘Fragile Consensus’ on Climate Finance
More Dead as Philippines Hit by Sixth Typhoon in a Month – ABC
Trump’s Plan to Kill EV Tax Credits ‘Could Benefit China’
China’s Country Garden Has ‘Given Debt Rejig Plan to Creditors’
Tata ‘to Take Majority Stake in Pegatron iPhone Plant in India’
Biden, Xi Agree Humans, Not AI, Must Make Decisions on Nukes
COP29: What Will Donald Trump Mean For Global Carbon Markets?

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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